bemo Staked TON
STTON
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
STTON (bemo Staked TON) is a liquid staking receipt token operating on The Open Network (TON). The protocol features sound base mechanics as a non-inflationary mint/burn receipt token that accrues underlying TON staking yield, validated by a CertiK audit and a clean security record with no reported exploits or depeg events. However, the project faces notable headwinds: development cadence is closed with minimal public repository visibility since its April 2025 v2 upgrade, the protocol operates centrally under a Latvia-registered entity currently hiring executive leadership without DAO governance, and secondary liquidity remains critically low (~$597 daily volume) alongside a modest sub-$5M market cap. Note that the Community Support section suffered from a data gap (scored -1.0) due to search contamination and was excluded from the weighted average.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About bemo Staked TON (STTON)
STTON (bemo Staked TON) is a liquid staking receipt token issued by the bemo protocol on The Open Network (TON) blockchain. Launched to provide liquidity for staked TON assets, the token functions via a mint and burn mechanism where supply expands and contracts in direct correlation with underlying TON deposits. Rather than distributing rebasing tokens, STTON is designed as a yield-bearing receipt token that accrues staking rewards through an appreciating exchange rate against TON, minus a 20% protocol fee applied to staking rewards.
The protocol is operated by a Latvia-registered company established in 2023 with approximately 10 employees. In April 2025, the protocol released its Bemo v2 upgrade, introducing updated liquid staking mechanics and expanded decentralized finance integrations on TON. Governance of the smart contracts, validator selection, and exchange rate calculations remains centralized under the core team rather than a decentralized autonomous organization (DAO), and the protocol has undergone a smart contract security audit by CertiK with no history of exploits or depeg events.
STTON faces several market and structural constraints. The project exhibits low market adoption, characterized by a market capitalization under $5 million and critically low daily secondary trading volume of approximately $597. In addition, the token has experienced heavy price drawdowns from its all-time high, operates with a closed development structure lacking public repository activity following its v2 release, and presents conflicting circulating supply data across major market aggregators.