Bean
The practicality of using Decentralized Finance is limited by the lack of a decentralized, collateral-free stablecoin. Borrowing rates on USD stablecoins remain excessively high, even as supply increases rapidly. Supply cannot meet demand due to collateral requirements.
Beanstalk uses credit instead of collateral to create a decentralized, liquid, blockchain-native asset, which is stable relative to the value of a non-blockchain-native asset.
Beanstalk creates protocol-native financial incentives to encourage participation in peg maintenance and governance without requiring any action from everyday Bean users.
Symbol |
bean |
Current Price |
$0.94310300 |
Market Cap |
$47,500,582 |
Market Cap Rank |
701 |
24h Change |
0.64%
|
Circulating Supply |
50,366,297 |
Total Supply |
50,366,325 |
All-Time High |
$4.65000000 |
All-Time Low |
$0.00103288 |
Twitter Followers |
6,280 |
Last Updated |
2024-06-09T14:59:22.571Z |
Developer Data
Forks |
73 |
Stars |
116 |
Subscribers |
6 |
Total Issues |
149 |
Closed Issues |
135 |
Pull Requests Merged |
629 |
Pull Request Contributors |
33 |
Commit Count (Last 4 Weeks) |
201 |