Bean (bean) Live Chart

Crypto Rank	Name	Current Price	24h Price Change	Total Supply	Circulating Supply
818	BEAN Bean BEAN	$ 0.92	+ 2.09%	46 293 842	46 293 765	Start Trading

Bean (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.