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Informations

0.939447

USD

Rank #620


WebSite : Bean.money
Whitepaper : Docs.bean.money
Domain Age : Registered over 2 years ago

  • 24 hours

    0.01%

  • 30 days

    -1.43%

  • ATH

    -35.03%

Bean Ratings Score

Last score update : 4 days ago

Bean Price live today

Bean (BEAN) is currently trading at 0.939447 USD and with a circulating supply of 33,698,878 BEAN.
Its market capitalization is 31,659,348 USD.
BEAN price has moved 0.01% in the last 24 hours, with 629 USD worth of BEAN traded on various exchanges.
Bean currently ranks #620 in cryptocurrency rankings based on market capitalization.

About 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.