Bean (BEAN) is currently priced at $0.002217 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $159,103.748. Fully diluted valuation: $159,103.746. Circulating supply is 71,757,330.435 BEAN. Total supply is 71,757,329.435 BEAN.
Stats
| 1 Day | +0.01% |
|---|
| 1 Month | +0.01% |
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| 3 Months | +0.21% |
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| 1 Year | −0.4% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0.01% | +0.01% | +0.21% | −0.4% |
| Market Cap | $159.1K |
|---|
| Fully Diluted | $159.1K |
|---|
| Market Cap | Fully Diluted |
|---|
| $159.1K | $159.1K |
About 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.