How to Participate in Open League Rewards if You're a Bemo Finance User with stTON

Think your staking assets are working at their best? How about boosting your yield and earning extra drops from Ton Foundation through the Open League? Now, you have a unique opportunity to do just that using Aqua Protocol and Bemo Finance!

Bemo Finance is a liquid staking platform in the TON ecosystem that offers users stTON tokens in exchange for staking their TON. Liquid staking allows you to earn staking rewards while also using the received tokens in DeFi protocols for additional earnings.

How to get more rewards, what is Looping, and How Does It Work?
Looping is a spot leverage strategy that lets you multiply your staking income and benefit from TON's growth. By using Aqua Protocol, you also qualify for Ton Foundation rewards, but you need to deposit by December 12 and hold your position until the Open League results are announced.

How to Perform Looping (Spot Leverage) with stTON:
1. Mint the DeFi Badge — This must be done before any on-chain actions for Open League. Mint your badge here.
2. If you're new to Bemo, deposit TON in Bemo Finance to receive stTON in return.
3. Collateralize and Mint: Deposit your stTON in Aqua Protocol and mint AquaUSD. Every $20 in collateral earns you 10 Open League points.
4. Swap and Repeat: Buy TON with AquaUSD through Swap Coffee or Rainbow, stake it again in Bemo Finance to get new stTON, and deposit them in Aqua Protocol.
5. Repeat the Process: With each cycle, your collateral and staking rewards grow.

Why is this beneficial?
- No need to sell your TON or stTON to take advantage of this strategy and participate in Open League.
- Significantly increase your staking and TON growth rewards over time.
- Boost your Open League points, improving your chances of getting Ton Foundation drops.

Why act now?
Deposits made in Aqua Protocol by December 12 are eligible for Open League rewards. The larger your collateral, the higher your chances of receiving unique drops from Ton Foundation! Don’t miss out — time is limited.

📈 Try looping now and maximize your yield with Aqua Protocol and Bemo Finance!
- Stake TON → Bemo Finance
- Mint AquaUSD → Aqua Protocol
- Use Swap → Swap Coffee or Rainbow
- Risks