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.

Bean (BEAN) Price Data

Bean (BEAN) price has decreased today.

Bean price today is $0.005696 with a 24-hours trading volume up by -- %. BEAN price is down in the last 24 hours. It has a circulating supply is 71.7M BEAN coins and a total supply of 71.7M.

What is the highest price for Bean?

The all-time high price of Bean is $2.53B on Feb 15, 2024.

What is the lowest price for Bean?

The all-time low price of Bean is $0.003239 on Aug 5, 2024.