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Bean

Bean

Beanstalk is a decentralized credit based stablecoin protocol that is built on Ethereum. 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.

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Contents

bean.money
Is a
Cryptocurrency
Cryptocurrency

Cryptocurrency attributes

Industry
Blockchain
Blockchain
Distributed ledger
Distributed ledger
Smart contract
Smart contract
Cryptocurrency
Cryptocurrency
Decentralized Finance
Decentralized Finance
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Ticker Symbol
BEAN
Block Explorer URL
etherscan.io/token/0x...58d52e5db

Other attributes

Cryptocurrency Symbol
BEAN0
Email Address
beanstalk.publius@protonmail.com
Medium URL
medium.com/beanstalkfarms
Exchange
Curve (DeFi Asset Management Company)
Curve (DeFi Asset Management Company)
Uniswap
Uniswap
Token Standard
ERC-20
Total Supply
42,371,346

Beanstalk is a decentralized credit based stablecoin protocol that is built on Ethereum. The first Beanstalk issues a USD stablecoin (Bean) on the Ethereum blockchain.

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.

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