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Bean Price (BEAN) _{Rank #633} $ 0.978007 (USD) -1.7915%

Bean (BEAN) price graph

What is 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.

What is the current price of Bean (BEAN) ?

The recent Bean (BEAN) price today is $0.978007 USD. We update our BEAN to USD on frequent basis. The current Bean situation is down -1.7915% in last 24 hours. The current grepget rank is #633. Bean has a circulating supply of 38,738,351.819138 BEAN.