coinBEAN #821

Bean

0.96708586810USD-1.12%-1.12%As of: Mar 28, 14:54 UTC

Key Statistics

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Bean Converter

BEAN
=
USD

About 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.
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Price Performance

1D
-1.12%
7D
-2.02%
30D
-3.79%
YTD
-1.33%
1Y
4.51%
Key Statistics
24H Range
Low$0.96708586810High$0.9832861412
24h Volume
509.64
Market Cap
44.8M
Circulating Supply
46.3M
Total Supply
46.3M
Rank
821
Market Cap Dominance
0.00%
Max Supply
N/A
Fully diluted market cap
635.699
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.00
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