> 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/stgram/stgram-pricing.md).

# stGRAM pricing

{% hint style="warning" %}
stGRAM is now available only for holding and unstaking, you cannot mint it. The actual Bemo LST is bmGRAM. Follow this link for more information: [bmGRAM section](/welcome-to-bemo/bmgram.md).
{% endhint %}

stGRAM/GRAM token price is continuously calculated by the formulas. 

Staking GRAM:

> `stGRAM amount = GRAM staked / stGRAM price`

Unstaking stGRAM:

> `GRAM amount = stGRAM unstaked * stGRAM price`

stGRAM is priced by **bemo** in GRAM tokens and is calculated by the formula:

> `stGRAM price = (gram_pool + staking_reward - bemo_fee) / gram_pool`

`gram_pool` – GRAM tokens in the pool \
`staking_reward` – bemo validation rewards

\
The stGRAM app price accounts for the reward accumulated after each validation round. 

Due to the nature of staking, the stGRAM app price is constantly growing. The staked token price growth rate equals the TON blockchain staking yield ex **bemo** protocol fees.

**bemo** application fee equals twenty percent of the TON blockchain staking rewards. The fee includes the validation and the application services and is charged after every validation round.