> For the complete documentation index, see [llms.txt](https://docs.bemo.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bemo.fi/welcome-to-bemo/bmgram.md).

# bmGRAM

**bmGRAM** is a liquid token representing your share of the total GRAM pool deposited into **bemo v2**. 

Its design as a value-accruing token means that its price appreciates due to staking rewards, while the quantity of tokens stays unchanged. Over time, your deposited GRAMs earn staking rewards, and the value of your bmGRAM appreciates.