Bean bean

-0.89 % $ 0.981011
$0.978269 24H Range $0.99115
Market Data
Price $ 0.981011
Volume $ 134,198.00
Volume / Market Cap 0.0043
Circulating Supply 31,532,032.19
Total Supply 31,532,032.19
Market Cap $ 30,949,553.00
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.
Bean (bean) Price Chart
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News about Bean
From rat poison to Beanie Babies, these celebs got bitcoin all wrong • a month ago
Citadel CEO Ken Griffin Spills Beans on Why He Outbid ConstitutionDAO • 2 months ago
Beanstalk Stablecoin Relaunches Four Months After Getting Hacked For Nearly $182 Million. • 2 months ago
Beanstalk Celebrates Anniversary With ‘Safe Replant and Unpause’ Months After $182M Exploit • 2 months ago
Beanstalk stablecoin relaunches four months after $182 million exploit • 2 months ago
Cryptocurrencies like ‘world of Caribbean pirates’: India chief economic adviser • 4 months ago
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