Understand the Bean Price
Beanstalk uses credit instead of collateral to create Bean price stability relative to its value peg of $1. In practice, this means the protocol incentivizes the regular oscillation of the Bean price above and below its peg. The Bean price will almost never be exactly equal to its peg. Read more about how Beanstalk works or an in-depth overview of the peg maintenance mechanism.
Selecting the Bean price displays more detail of the liquidity pools that Beans trade in.
Currently, the only liquidity pool is the BEAN:3CRV metapool on Curve. The detail view shows the:
- USD denominated price of Bean in the liquidity pool;
- USD denominated total liquidity in the liquidity pool, including non-Bean assets; and
- deltaB, the shortage or excess of Beans in the liquidity pool. Read more about how deltaB impacts the Bean supply and Soil supply.