Beanstalk
  • Farmers' Almanac
  • Disclosures
  • Developers
  • Whitepaper
  • 🌱Introduction
    • Why Beanstalk
    • How Beanstalk Works
  • 🌾Farm
    • Overview
    • Sun
    • Silo
      • Seed Gauge System
    • Field
    • Barn
    • Toolshed
      • Depot
      • Pod Market
      • Tractor
  • βš–οΈPeg Maintenance
    • Overview
    • Temperature
    • Crop Ratio
    • Convert
    • Flood
  • πŸ”¬Advanced
    • Stablecoin Overview
    • Types of Stablecoins
    • Economics
  • 🏦Governance
    • Beanstalk
      • BCM Process
      • BCM Dashboard
      • BIC Process
      • BICM Dashboard
    • Beanstalk Farms
      • BFM Dashboard
      • BFC Dashboard
    • BeaNFTs
      • BDM Dashboard
    • Proposals
  • πŸ—ΊοΈGuides
    • Directory
    • Getting Started
      • Where to Begin?
      • Connect to Beanstalk
      • Where Are My Assets and How to Use Them?
      • Approve Contracts
      • Add Bean to MetaMask
    • Sun
      • Understand the Bean Price
      • Understand the Sun
    • Silo
      • Understand Silo vAPY
      • Deposit in the Silo
      • Understand Silo Deposit Performance
      • Convert in the Silo
      • Transfer Deposits
      • Withdraw from the Silo
      • Claim Silo Rewards
    • Field
      • Sow Beans
      • Transfer Pods
      • Harvest Pods
    • Barn
      • Understand Fert vAPY
      • Buy Fertilizer
      • Rinse Sprouts
      • Transfer Fertilizer
      • Trade Fertilizer
    • Market
      • Buy Pods
      • Sell Pods
    • Balances
      • Understand My Balances
      • Migrate to Arbitrum
    • BeaNFTs
      • Mint BeaNFTs
    • Swap
      • Trade Beans
      • Transfer Balances
    • Governance
      • Vote on Governance Proposals
      • Delegate Votes
    • Unripe Assets
      • Chop Unripe Assets
  • πŸ“–Protocol Resources
    • Glossary
    • Asset States
    • Contracts
    • Audits
    • Bug Bounty
  • 🌐Ecosystem
    • Basin
    • Pipeline
  • 🏫Community Resources
    • Discord
    • Notion
    • Contributing
    • Discord Roles
    • Content
    • Links
  • πŸ“°Archives
    • Bean Sprout
      • BSM Dashboard
    • Governance Proposals (June 2023)
    • Fundraiser
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Farmers' Almanac

NextDisclosures

Last updated 6 months ago

Beanstalk is a permissionless fiat stablecoin protocol built on Arbitrum.

Beanstalk forms the monetary basis of an Arbitrum-native, rent-free economy facilitated by the seigniorage of its native fiat currency, a stablecoin called Bean.

A stablecoin that does not compromise on decentralization nor require collateral, has competitive carrying costs, and trends toward more stability and liquidity, will unlock the potential of DeFi. Beanstalk's primary objective is to incentivize independent market participants to regularly cross the price of 1 Bean over its dollar peg in a sustainable fashion.

You can find an overview of why Beanstalk was created here:

Beanstalk is an experiment. Before interacting with Beanstalk, consider reading the Disclosures prepared by the DAO.

  • If you are looking for complete formulas behind the different mechanisms of Beanstalk, check out the Beanstalk whitepaper (being updated to reflect BIP-50 and the migration to Arbitrum).

  • If you have any other questions while browsing the Farmers' Almanac, join the Beanstalk Discord and ask in the (#❓・questions) channel!

Please share any feedback on the Farmers' Almanac in the (#πŸ“œγƒ»docs-feedback) channel in Discord. You can submit a pull request to the Farmers' Almanac yourself here.

Links

  • Introduction

  • Beanstalk Mechanics

  • Guides to Using Beanstalk

  • Peg Maintenance

  • Governance

  • Glossary

  • Contracts

  • Other Links

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