# Glossary

Check out the [Asset States](https://docs.bean.money/almanac/protocol/asset-states) page to better understand your [Balances](https://app.bean.money/#/balances) on the Beanstalk UI.

### **Barn**

The Beanstalk recapitalization facility being used to [Replant](#replant) Beanstalk. Read more [here](https://docs.bean.money/almanac/farm/barn).

### **Barn Raise**

A fundraiser to restore $77M in non-Bean liquidity stolen from the [Silo](#silo) in the April 2022 governance exploit. Participants in the Barn Raise receive [Fertilizer](#fertilizer) and [Sprouts](#sprouts).

### **Bean Denominated Value (BDV)** <a href="#bean-denominated-value" id="bean-denominated-value"></a>

The value of an asset denominated in Beans. Used to calculate how many [Stalk](#stalk) and [Seeds](#seeds) are rewarded to Depositors of a whitelisted asset. Abbreviated as BDV.

### **Bean Sprout (BS)** <a href="#bean-sprout" id="bean-sprout"></a>

A Beanstalk accelerator program to facilitate development on and around Beanstalk in a decentralized fashion. Read more [here](https://docs.bean.money/almanac/archives/bean-sprout).

### **Bean Sprout Multisig (BSM)** <a href="#bean-sprout-multisig" id="bean-sprout-multisig"></a>

The multisig that custodies the Bean Sprout budget funds. Abbreviated as BSM. Read more [here](https://docs.bean.money/almanac/archives/bean-sprout/bsm-dashboard).

### **Bean**

The ERC-20 fiat stablecoin issued by Beanstalk.

### **Beanstalk**

The Ethereum-native, decentralized fiat stablecoin protocol that issues Beans.

### **Beanstalk Community Multisig (BCM)** <a href="#beanstalk-community-multisig" id="beanstalk-community-multisig"></a>

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 [here](https://docs.bean.money/almanac/governance/beanstalk/bcm-process).

### **Beanstalk Farms (BF)** <a href="#beanstalk-farms" id="beanstalk-farms"></a>

A decentralized team of core contributors to Beanstalk, operating across the stack on technical and non-technical problems. Read more [here](https://docs.bean.money/almanac/governance/beanstalk-farms).

### **Beanstalk Farms Budget Proposal (BFBP)** <a href="#beanstalk-farms-budget-proposal" id="beanstalk-farms-budget-proposal"></a>

A proposal related to the use of the Beanstalk Farms budget. Abbreviated as BFBP. Read more [here](https://docs.bean.money/almanac/governance/proposals#bfbp).

### Beanstalk Farms Committee (BFC) <a href="#beanstalk-farms-committee" id="beanstalk-farms-committee"></a>

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 [here](https://docs.bean.money/almanac/governance/beanstalk-farms#beanstalk-farms-committee).

### **Beanstalk Farms Committee Proposal (BFCP)** <a href="#beanstalk-farms-committee-proposal" id="beanstalk-farms-committee-proposal"></a>

A proposal related to the Beanstalk Farms Committee. Abbreviated as BFCP. Read more [here](https://docs.bean.money/almanac/governance/proposals#bfcp).

### **Beanstalk Farms Multisig (BFM)** <a href="#beanstalk-farms-multisig" id="beanstalk-farms-multisig"></a>

The multisig that custodies the Beanstalk Farms budget funds. Abbreviated as BFM. Read more [here](https://docs.bean.money/almanac/governance/beanstalk-farms/bfm-dashboard).

### Beanstalk Immunefi Committee (BIC) <a href="#beanstalk-immunefi-committee" id="beanstalk-immunefi-committee"></a>

A committee to determine the categorization and payout of bug bounties in accordance with the bug bounty program. Read more [here](https://docs.bean.money/almanac/governance/beanstalk/bic-process).

### Beanstalk Immunefi Responses **(BIR)** <a href="#beanstalk-immunefi-response" id="beanstalk-immunefi-response"></a>

Responses to bug reports on Immunefi in accordance with the bug bounty program. Read more [here](https://docs.bean.money/almanac/governance/proposals#bir).

### **Beanstalk Improvement Proposal (BIP)** <a href="#beanstalk-improvement-proposal" id="beanstalk-improvement-proposal"></a>

A proposal to change Beanstalk. Abbreviated as BIP. Read more [here](https://docs.bean.money/almanac/governance/proposals#bip).

### **Beanstalk Operations Proposal (BOP)** <a href="#beanstalk-operations-proposal" id="beanstalk-operations-proposal"></a>

A proposal for having the Beanstalk DAO vote on things other than protocol changes. Abbreviated as BOP. Read more [here](https://docs.bean.money/almanac/governance/proposals#bop).

### **Cancel**

Remove a [Pod Order](#pod-order) or [Pod Listing](#pod-listing) from the [Pod Market](#pod-market).

### **Chop**

Burning [Unripe assets](#unripe-assets) in exchange for underlying [Ripe assets](#ripe-assets). Read more [here](https://docs.bean.money/almanac/farm/barn#chopping).

### Chop Penalty

The percentage claim to future [Ripe assets](#ripe-assets) forfeited by [Chopping](#chop).

### **Circulating Beans**

Beans in Farmers' wallets.

### **Convert**

Changing one [Deposited](#deposit) asset for another within the [Silo](#silo). Read more [here](https://docs.bean.money/almanac/farm/silo#convert-whitelist).

### Convert Whitelist

The generalized whitelist that determines which [Conversions](#convert) within the [Silo](#silo) are permitted under certain conditions. Read more [here](https://docs.bean.money/almanac/farm/silo#current-convert-whitelist).

### Crop Ratio

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 [here](https://docs.bean.money/almanac/peg-maintenance/crop-ratio).

### **deltaB**

The shortage or excess of Beans in a liquidity pool Beans trade in.

### Delta Demand

The ratio of the change in [Soil](#soil) over the prior two [Seasons](#season). Used to measure [Demand for Soil](https://docs.bean.money/almanac/peg-maintenance/temperature#demand-for-soil).

### **Deposit**

Assets on the [Deposit Whitelist](#deposit-whitelist) can be Deposited in the [Silo](#silo) at any time to earn [Stalk](#stalk) and [Seeds](#seeds). Read more [here](https://docs.bean.money/almanac/farm/silo#deposit-whitelist).

### **Deposit Whitelist**

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 [here](https://docs.bean.money/almanac/farm/silo#current-deposit-whitelist).

### **Deposited Assets**

Assets Deposited in the [Silo](#silo).

### **Depot**

The component of the [Farm](#farm) that facilitates interactions with other protocols through Beanstalk in a single transaction. Read more [here](https://docs.bean.money/almanac/farm/toolshed/depot).

### **Earned Beans**

Beans that have been paid to a [Silo Member](#silo-members) since the last [Season](#season) the Silo Member [Planted](#plant) their [Plantable Seeds](#plantable-seeds). Upon Plant, Earned Beans are [Deposited](#deposit).

### **Earned Stalk**

[Stalk](#stalk) earned from Earned Beans. Earned Stalk automatically contribute to Stalk ownership and do not require any action to claim them.

### **Emergency Beanstalk Improvement Proposal (EBIP)** <a href="#emergency-beanstalk-improvement-proposal" id="emergency-beanstalk-improvement-proposal"></a>

An emergency proposal to change Beanstalk that is decided on and committed by the [Beanstalk Community Multisig (BCM)](https://docs.bean.money/almanac/governance/beanstalk/bcm-process). Abbreviated as EBIP. Read more [here](https://docs.bean.money/almanac/governance/beanstalk/bcm-process#emergency-response-procedures).

### **Enroot**

Adds [Revitalized Stalk](#revitalized-stalk) and [Seeds](#revitalized-seeds) to your [Stalk](#stalk) and [Seed](#seeds) balances, respectively.

### **Farm**

The Beanstalk ecosystem. The Farm has five primary components: the [Sun](#sun), [Silo](#silo), [Field](#field), [Market](#market), and [Depot](#depot).

### **Farm Assets**

Assets stored in Beanstalk. Farm Assets can be used in transactions on the [Farm](#farm) and may be more gas efficient than [Circulating Assets](#circulating-beans). Read more about [Asset States](https://docs.bean.money/almanac/protocol/asset-states).

### **Farmers**

Users of Beanstalk.

### Fertilize

[Sprouts](#sprouts) are Fertilized by Active Fertilizer, at which point they become [Rinsable Sprouts](#rinsable-sprouts).

### **Fertilizer**

An ERC-1155 token that Beanstalk mints in exchange for USDC. Fertilizer comes with [Sprouts](#sprouts), 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 [here](https://docs.bean.money/almanac/farm/barn#fertilizer).

### **Field**

The Beanstalk credit facility. Read more [here](https://docs.bean.money/almanac/farm/field).

### **FIFO**

First in, first out. [Pods](#pods) become [Harvestable](#harvest) on a FIFO basis. This means that Pods closer to the front of the [Pod Line](#pod-line) become Harvestable before Pods farther back in the Pod Line.

### **Fill**

Match a [Pod Listing](#pod-listing) with an overlapping [Pod Order](#pod-order).

### **Flood**

If P > 1 over the previous [Season](#season) and the [Pod Rate](#pod-rate) 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 [Flood Whitelist](https://docs.bean.money/almanac/peg-maintenance/flood).

### Gauge Points

Determine [Grown Stalk](#grown-stalk) issuance across various LP tokens.

### Germination

Germinating [Deposits](#deposit) are Deposits that are <2 `gm` calls old. Germinating Deposits can be [Withdrawn](#withdraw) or [Transferred](#transfer), but cannot be [Converted](#convert). Germination exists to add flash loan and inter-block MEV manipulation resistance to the calculation of Deposited [BDV](#bean-denominated-value). By preventing the accrual of [Earned Beans](#earned-beans) for 1 full [Season](#stalk), Beanstalk further disincentivizes inorganic demand.

### **gm**

Beanstalk accepts one `gm` function call every [Season](#season). Upon the `gm` call, Beanstalk [Ripens Pods](#ripen), [Fertilizes Sprouts](#fertilize), distributes Beans to [Stalkholders](#stalkholders), adjusts the [Temperature](#temperature), etc.

### **Grown Stalk**

[Stalk](#stalk) earned from [Seeds](#seeds). Grown Stalk does not contribute to Stalk ownership until it is [Mown](#mow). Mow can be called on its own, and it is also called at the beginning of any [Silo](#silo) interaction ([Depositing](#deposit), [Withdrawing](#withdraw), [Converting](#convert), etc.).

### **Harvest**

Redeem Harvestable Pods for 1 Bean each.

### **Harvestable Pods**

[Pods](#pods) that are redeemable for 1 Bean each. Harvestable Pods must be Harvested in order to use them.

### **Humidity**

The interest rate on [Fertilizer](#fertilizer) purchases. Read more [here](https://docs.bean.money/almanac/farm/barn#humidity).

### **Jack**

[Jack](https://etherscan.io/address/0x1c5dcdd006ea78a7e4783f9e6021c32935a10fb4) chopped down Beanstalk on April 17, 2022.

### Liquidity to Supply Ratio (L2SR)

Represents the Beanstalk liquidity level relative to the Bean supply. The L2SR is a useful indicator of Beanstalk's health.

### Liquidity Weight

The portion of liquidity in a whitelisted liquidity pool that counts towards the [Liquidity to Supply Ratio](#liquidity-to-supply-ratio-l2sr) calculation.

### Maximum Temperature

The maximum [Temperature](#temperature) Beanstalk is willing to offer during a [Season](#season). Read more [here](https://docs.bean.money/almanac/peg-maintenance/temperature).

### Minting Whitelist

The whitelist of liquidity pools whose [deltaB’s](#deltab) are summed to calculate a cumulative deltaB. Read more [here](https://docs.bean.money/almanac/farm/sun#minting-whitelist).

### Morning

The first 25 blocks of each [Season](#season).

### **Mow**

Mowing [Grown Stalk](#grown-stalk) adds it to your [Stalk](#stalk) balance. Called upon any interaction with the [Silo](#silo).

### **Ordered Beans**

Beans stored in [Pod Orders](#pod-order).

### Pari passu

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)* [Harvest](#harvest) schedule of the [Pod Line](#pod-line) in the [Field](#field).

### **Pause**

Temporarily prevent the [`gm`](#gm) function call from being accepted. Read more [here](https://docs.bean.money/almanac/governance/beanstalk#pause).

### **Pipeline**

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 [Pipeline](#pipeline) page). Note that this also currently refers to functionality in Beanstalk that is a channel from the [Depot](#depot) to another protocol. Pipelines can be added to the Depot via Beanstalk governance. Read more [here](https://docs.bean.money/almanac/farm/toolshed/depot).

### **Plant**

Planting adds Plantable Seeds to your total [Seed](#seeds) balance.

### **Plantable Seeds**

[Seeds](#seeds) earned in conjunction with [Earned Beans](#earned-beans). Plantable Seeds must be Planted in order to grow [Stalk](#stalk).

### **Plot**

[Pods](#pods) that grow from Beans that were [Sown](#sow) in the same transaction form a Plot.

### **Pod Line**

The order [Pods](#pods) will become [Harvestable](#harvest) based on the [FIFO](#fifo) Harvest schedule.

### **Pod Listing**

An offer to sell [Pods](#pods) on the [Pod Market](#pod-market). Read more [here](https://docs.bean.money/almanac/farm/toolshed/market#pod-listings).

### **Pod Market**

The decentralized, trustless market that [Pods](#pods) can be bought and sold on. Read more [here](https://docs.bean.money/almanac/farm/toolshed/market#the-pod-market).

### **Pod Order**

An order to buy [Pods](#pods) on the [Pod Market](#pod-market). Read more [here](https://docs.bean.money/almanac/farm/toolshed/market#pod-orders).

### **Pod Rate**

The Beanstalk debt level ([Pod](#pods) supply) relative to the Bean supply. The Pod Rate is often used as a proxy for Beanstalk's health.

### **Pods**

The Beanstalk-native debt asset, redeemable for 1 Bean each once [Ripened](#ripen) into [Harvestable Pods](#harvestable-pods). Read more [here](https://docs.bean.money/almanac/farm/field#pods).

### **Publius**

The pseudonym of Beanstalk’s founders.

### Real Rate of Return (RRoR) <a href="#real-rate-of-return" id="real-rate-of-return"></a>

The return for Sowing Beans, accounting for the Bean price. RRoR = (1 + Temperature) / TWAP.

### **Replant**

The relaunch of Beanstalk post-exploit.

### **Revitalized Stalk**

[Stalk](#stalk) that have vested for Unripe asset holders. Revitalized Stalk are minted as the BDV of Unripe assets increases. Revitalized Stalk does not contribute to [Stalk](#stalk) ownership until [Enrooted](#enroot). Read more [here](https://docs.bean.money/almanac/farm/barn#revitalized-assets).

### **Revitalized Seeds**

[Seeds](#seeds) that have vested for Unripe asset holders. Revitalized Seeds are minted as the BDV of Unripe assets increases. Revitalized Seeds do not generate [Stalk](#stalk) until [Enrooted](#enroot). Read more [here](https://docs.bean.money/almanac/farm/barn#revitalized-assets).

### **Rinsable Sprouts**

[Sprouts](#sprouts) that are redeemable for 1 Bean each. Rinsable Sprouts must be Rinsed in order to use them.

### **Rinse**

Redeem Rinsable Sprouts for 1 Bean each.

### **Ripe Assets**

Assets that are minted as [Fertilizer](#fertilizer) is sold. [Unripe assets](#unripe-assets) represent a pro rata share of underlying Ripe assets.

### Ripen

When [Pods](#pods) passively turn into [Harvestable Pods](#harvestable-pods), they Ripen.

### **Season**

Seasons are Beanstalk-native time. Every Season is approximately 1 hour. Each Season begins when the [`gm`](#gm) function is successfully called on Ethereum.

### Seed Gauge System

The component of Beanstalk responsible for dynamically adjusting the [Seed](#seeds) rewards for different assets whitelisted in the [Silo](#silo). Read more [here](https://docs.bean.money/almanac/farm/silo/seed-gauge-system).

### **Seeds**

An internal token that yields 1/10000 [Grown Stalk](#grown-stalk) every Season.

### **Silo**

The Beanstalk DAO. Read more [here](https://docs.bean.money/almanac/farm/silo).

### **Silo Members**

[Depositors](#deposit) in the Silo.

### **Silo Rewards**

Rewards earned by Silo Members in the form of [Earned Beans](#earned-beans), [Earned Stalk](#earned-stalk), [Grown Stalk](#grown-stalk), [Revitalized Stalk](#revitalized-stalk), [Plantable Seeds](#plantable-seeds), and [Revitalized Seeds](#revitalized-seeds). Read more [here](https://docs.bean.money/almanac/farm/silo#silo-rewards).

### **Soil**

The current number of Beans that can be [Sown](#sow) in exchange for [Pods](#pods). Read more [here](https://docs.bean.money/almanac/farm/field#soil).

### **Sow**

Lend. Used in the context of Sowing Beans, or lending Beans to Beanstalk when there is [Soil](#soil).

### **Sprouts**

Sprouts represent how many Beans there are left to be earned from [Fertilizer](#fertilizer).

### **Stalk**

The Beanstalk governance token. Stalk entitles the holder to a pro rata share of future Bean mints and participation in Beanstalk governance. Read more [here](https://docs.bean.money/almanac/farm/silo#the-stalk-system).

### **Stalkholders**

Holders of the Stalk token. Stalkholders participate in governance and earn Bean seigniorage.

### Sun

The component of the Farm that keeps time in [Seasons](#season) and incentivizes cost-efficient and timely calling of the [`gm`](#gm) function. Read more [here](https://docs.bean.money/almanac/farm/sun).

### Target Seasons to Catch Up

Determines the target number of [Seasons](#season) for a new [Deposit](#deposit) with an average number of [Seeds](#seeds) to catch up to the average [Grown Stalk](#grown-stalk) per [BDV](#bean-denominated-value) of existing Deposits at the time of Deposit.

### **Temperature**

The interest rate for [Sowing](#sow) Beans. Read more [here](https://docs.bean.money/almanac/farm/field#temperature).

### Toolshed

The Toolshed offers a suite of tools for efficient use of Beanstalk and other Arbitrum-native protocols. Read more [here](https://docs.bean.money/almanac/farm/toolshed).

### Total Value Deposited (TVD) <a href="#total-value-deposited" id="total-value-deposited"></a>

The value of assets Deposited in the [Silo](#silo). Abbreviated as TVD.

### Tractor

A peer-to-peer transaction marketplace that allows third party operators to perform Beanstalk actions on behalf of a Farmer. Read more [here](https://docs.bean.money/almanac/farm/toolshed/tractor).

### Transfer

Moving [Deposits](#deposit), [Plots](#plot) or [Fertilizer](#fertilizer) from one address to another. Deposits can be Transferred without the loss of [Stalk](#stalk), [Seeds](#seeds), or Stalk from Seeds. Assets can be transferred between [Farm Balances](#farm-assets) and [Circulating Balances](#circulating-beans).

### **Unpause**

Resume the acceptance of [`gm`](#gm) function calls. When Beanstalk is Unpaused, the `gm` function can be called at the beginning of the next hour.

### **Unripe Assets**

Unripe assets represent a pro rata share of [Ripe assets](#ripe-assets) minted as [Fertilizer](#fertilizer) is sold and debt is repaid to Fertilizer. Read more [here](https://docs.bean.money/almanac/farm/barn#unripe-assets).

### urBEAN

Unripe Beans. See [Unripe Assets](#unripe-assets).

### **Voting Period**

The time interval in which a [Beanstalk Improvement Proposal](#beanstalk-improvement-proposal) (BIP) is considered by [Stalkholders](#stalkholders). Read more [here](https://docs.bean.money/almanac/governance/beanstalk#voting-period).

### **Withdraw**

[Deposited assets](#deposited-assets) can be Withdrawn from the [Silo](#silo) at any time. The number of [Stalk](#stalk), [Seeds](#seeds), and Stalk from Seeds rewarded for a Deposited asset must be forfeited upon its Withdrawal from the Silo. Read more [here](https://docs.bean.money/almanac/farm/silo#withdraw).
