Glossary
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The Beanstalk recapitalization facility being used to Beanstalk. Read more .
A fundraiser to restore $77M in non-Bean liquidity stolen from the in the April 2022 governance exploit. Participants in the Barn Raise receive and .
The value of an asset denominated in Beans. Used to calculate how many and are rewarded to Depositors of a whitelisted asset. Abbreviated as BDV.
A Beanstalk accelerator program to facilitate development on and around Beanstalk in a decentralized fashion. Read more .
The multisig that custodies the Bean Sprout budget funds. Abbreviated as BSM. Read more .
The ERC-20 fiat stablecoin issued by Beanstalk.
The Ethereum-native, decentralized fiat stablecoin protocol that issues Beans.
Beans in Farmers' wallets.
The shortage or excess of Beans in a liquidity pool Beans trade in.
Users of Beanstalk.
Redeem Harvestable Pods for 1 Bean each.
Represents the Beanstalk liquidity level relative to the Bean supply. The L2SR is a useful indicator of Beanstalk's health.
The pseudonym of Beanstalk’s founders.
The return for Sowing Beans, accounting for the Bean price. RRoR = (1 + Temperature) / TWAP.
The relaunch of Beanstalk post-exploit.
Redeem Rinsable Sprouts for 1 Bean each.
Holders of the Stalk token. Stalkholders participate in governance and earn Bean seigniorage.
The multisig that will custody ownership of the Beanstalk contract until on-chain governance can be reimplemented. The BCM will be able to propose and execute upgrades to Beanstalk. Abbreviated as BCM. Read more .
A decentralized team of core contributors to Beanstalk, operating across the stack on technical and non-technical problems. Read more .
A proposal related to the use of the Beanstalk Farms budget. Abbreviated as BFBP. Read more .
The group of Beanstalk Farms contributors that has discretion over the Beanstalk Farms budget, including contributor compensation. The Beanstalk Farms Committee hires and dismisses contributors at Beanstalk Farms. Abbreviated as BFC. Read more .
A proposal related to the Beanstalk Farms Committee. Abbreviated as BFCP. Read more .
The multisig that custodies the Beanstalk Farms budget funds. Abbreviated as BFM. Read more .
A committee to determine the categorization and payout of bug bounties in accordance with the bug bounty program. Read more .
Responses to bug reports on Immunefi in accordance with the bug bounty program. Read more .
A proposal to change Beanstalk. Abbreviated as BIP. Read more .
A proposal for having the Beanstalk DAO vote on things other than protocol changes. Abbreviated as BOP. Read more .
Remove a or from the .
Burning in exchange for underlying . Read more .
The percentage claim to future forfeited by .
Changing one asset for another within the . Read more .
The generalized whitelist that determines which within the are permitted under certain conditions. Read more .
Determines the relative benefits of holding Bean exposure vs exposure to at least 1 particular LP token in the Silo over time. More specifically, the ratio of Seed rewards between Beans and the LP token with the highest Gauge Points per BDV. Adjusted via the Seed Gauge System. Read more .
The ratio of the change in over the prior two . Used to measure .
Assets on the can be Deposited in the at any time to earn and . Read more .
The whitelist of ERC-20 tokens that can be Deposited in the Silo. Any ERC-20 token can be added or removed from the Deposit Whitelist via governance. Beans are always whitelisted. Read more .
Assets Deposited in the .
The component of the that facilitates interactions with other protocols through Beanstalk in a single transaction. Read more .
Beans that have been paid to a since the last the Silo Member their . Upon Plant, Earned Beans are .
earned from Earned Beans. Earned Stalk automatically contribute to Stalk ownership and do not require any action to claim them.
An emergency proposal to change Beanstalk that is decided on and committed by the . Abbreviated as EBIP. Read more .
Adds and to your and balances, respectively.
The Beanstalk ecosystem. The Farm has five primary components: the , , , , and .
Assets stored in Beanstalk. Farm Assets can be used in transactions on the and may be more gas efficient than . Read more about .
are Fertilized by Active Fertilizer, at which point they become .
An ERC-1155 token that Beanstalk mints in exchange for USDC. Fertilizer comes with , which represent debt to be repaid by Beanstalk in the form of new Beans. Fertilizer has no fixed maturity. Fertilizer can be Available, Active or Used. Read more .
The Beanstalk credit facility. Read more .
First in, first out. become on a FIFO basis. This means that Pods closer to the front of the become Harvestable before Pods farther back in the Pod Line.
Match a with an overlapping .
If P > 1 over the previous and the is less than 5%, there is a Flood. At the beginning of a Season where it Floods, Beanstalk mints additional Beans and sells them in Wells on the .
Determine issuance across various LP tokens.
Germinating are Deposits that are <2 gm calls old. Germinating Deposits can be or , but cannot be . Germination exists to add flash loan and inter-block MEV manipulation resistance to the calculation of Deposited . By preventing the accrual of for 1 full , Beanstalk further disincentivizes inorganic demand.
Beanstalk accepts one gm function call every . Upon the gm call, Beanstalk , , distributes Beans to , adjusts the , etc.
earned from . Grown Stalk does not contribute to Stalk ownership until it is . Mow can be called on its own, and it is also called at the beginning of any interaction (, , , etc.).
that are redeemable for 1 Bean each. Harvestable Pods must be Harvested in order to use them.
The interest rate on purchases. Read more .
chopped down Beanstalk on April 17, 2022.
The portion of liquidity in a whitelisted liquidity pool that counts towards the calculation.
The maximum Beanstalk is willing to offer during a . Read more .
The whitelist of liquidity pools whose are summed to calculate a cumulative deltaB. Read more .
The first 25 blocks of each .
Mowing adds it to your balance. Called upon any interaction with the .
Beans stored in .
Fertilizer is paid back on a pari passu basis. Active Fertilizer Fertilizes a pro-rata portion of Sprouts, by Fertilizer. This is in contrast to the first in, first out (FIFO) schedule of the in the .
Temporarily prevent the function call from being accepted. Read more .
A sandbox contract that can execute an arbitrary number of actions within the EVM from an EOA in a single transaction (see more on the page). Note that this also currently refers to functionality in Beanstalk that is a channel from the to another protocol. Pipelines can be added to the Depot via Beanstalk governance. Read more .
Planting adds Plantable Seeds to your total balance.
earned in conjunction with . Plantable Seeds must be Planted in order to grow .
that grow from Beans that were in the same transaction form a Plot.
The order will become based on the Harvest schedule.
An offer to sell on the . Read more .
The decentralized, trustless market that can be bought and sold on. Read more .
An order to buy on the . Read more .
The Beanstalk debt level ( supply) relative to the Bean supply. The Pod Rate is often used as a proxy for Beanstalk's health.
The Beanstalk-native debt asset, redeemable for 1 Bean each once into . Read more .
that have vested for Unripe asset holders. Revitalized Stalk are minted as the BDV of Unripe assets increases. Revitalized Stalk does not contribute to ownership until . Read more .
that have vested for Unripe asset holders. Revitalized Seeds are minted as the BDV of Unripe assets increases. Revitalized Seeds do not generate until . Read more .
that are redeemable for 1 Bean each. Rinsable Sprouts must be Rinsed in order to use them.
Assets that are minted as is sold. represent a pro rata share of underlying Ripe assets.
When passively turn into , they Ripen.
Seasons are Beanstalk-native time. Every Season is approximately 1 hour. Each Season begins when the function is successfully called on Ethereum.
The component of Beanstalk responsible for dynamically adjusting the rewards for different assets whitelisted in the . Read more .
An internal token that yields 1/10000 every Season.
The Beanstalk DAO. Read more .
in the Silo.
Rewards earned by Silo Members in the form of , , , , , and . Read more .
The current number of Beans that can be in exchange for . Read more .
Lend. Used in the context of Sowing Beans, or lending Beans to Beanstalk when there is .
Sprouts represent how many Beans there are left to be earned from .
The Beanstalk governance token. Stalk entitles the holder to a pro rata share of future Bean mints and participation in Beanstalk governance. Read more .
The component of the Farm that keeps time in and incentivizes cost-efficient and timely calling of the function. Read more .
Determines the target number of for a new with an average number of to catch up to the average per of existing Deposits at the time of Deposit.
The interest rate for Beans. Read more .
The Toolshed offers a suite of tools for efficient use of Beanstalk and other Arbitrum-native protocols. Read more .
The value of assets Deposited in the . Abbreviated as TVD.
A peer-to-peer transaction marketplace that allows third party operators to perform Beanstalk actions on behalf of a Farmer. Read more .
Moving , or from one address to another. Deposits can be Transferred without the loss of , , or Stalk from Seeds. Assets can be transferred between and .
Resume the acceptance of function calls. When Beanstalk is Unpaused, the gm function can be called at the beginning of the next hour.
Unripe assets represent a pro rata share of minted as is sold and debt is repaid to Fertilizer. Read more .
Unripe Beans. See .
The time interval in which a (BIP) is considered by . Read more .
can be Withdrawn from the at any time. The number of , , and Stalk from Seeds rewarded for a Deposited asset must be forfeited upon its Withdrawal from the Silo. Read more .