Bean
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Price BEAN to USD now is $0.954. Trading volume by 24-hours $23.842. Bean, which_ranked #482 price is up 0.13% in the past 24-hours. Bean has circulating supply of $0 and have $32.096,004 capitalization. In additional, total supply is $33.761,739.
The all-time high price of BEAN is $1.45, the record was set on the 0.
BEAN all-time low price is $0.001, the record was set on 0.
7 days ago the price was $1 , this changed the BEAN price by 0%
14 days ago the price was $1 , this changed the BEAN price by 0%
30 days ago the price was $1 , this changed the BEAN price by -11.10724%
60 days ago the price was $1 , this changed the BEAN price by 0%
1 days ago the price was $1 , this changed the BEAN price by 0%
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.