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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

A list of the top {coinName} markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

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BEAN	USD
0.1	0.02933256224
1	0.2933256224
2	0.5866512448
5	1.47
10	2.93
20	5.87
50	14.67
100	29.33
1000	293.33

USD	BEAN
0.1	0.34091805271
1	3.41
2	6.82
5	17.05
10	34.09
20	68.18
50	170.46
100	340.92
1000	3,409.18

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