Check out the Asset States page to better understand your Balances on the Beanstalk UI.
The Beanstalk recapitalization facility being used to Replant Beanstalk. Read more here.
A fundraiser to restore $77M in non-Bean liquidity stolen from the Silo in the April 2022 governance exploit. Participants in the Barn Raise receive Fertilizer and Sprouts.
The value of an asset denominated in Beans. Used to calculate how many Stalk and Seeds 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 here.
The multisig that custodies the Bean Sprout budget funds. Abbreviated as BSM. Read more here.
The ERC-20 fiat stablecoin issued by Beanstalk.
The Ethereum-native, decentralized fiat stablecoin protocol that issues Beans.
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.
A decentralized team of core contributors to Beanstalk, operating across the stack on technical and non-technical problems. Read more here.
A proposal related to the use of the Beanstalk Farms budget. Abbreviated as BFBP. Read more here.
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.
A proposal related to the Beanstalk Farms Committee. Abbreviated as BFCP. Read more here.
The multisig that custodies the Beanstalk Farms budget funds. Abbreviated as BFM. Read more here.
A committee to determine the categorization and payout of bug bounties in accordance with the bug bounty program. Read more here.
Responses to bug reports on Immunefi in accordance with the bug bounty program. Read more here.
A proposal to change Beanstalk. Abbreviated as BIP. Read more here.
A proposal for having the Beanstalk DAO vote on things other than protocol changes. Abbreviated as BOP. Read more here.
Remove a Pod Order or Pod Listing from the Pod Market.
Burning Unripe assets in exchange for underlying Ripe assets. Read more here.
The percentage claim to future Ripe assets forfeited by Chopping.
Beans in Farmers' wallets.
Changing one Deposited asset for another within the Silo. Read more here.
The generalized whitelist that determines which Conversions within the Silo are permitted under certain conditions. Read more here.
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.
The shortage or excess of Beans in a liquidity pool Beans trade in.
The ratio of the change in Soil over the prior two Seasons. Used to measure Demand for Soil.
Assets on the Deposit Whitelist can be Deposited in the Silo at any time to earn Stalk and Seeds. Read more here.
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.
Assets Deposited in the Silo.
The component of the Farm that facilitates interactions with other protocols through Beanstalk in a single transaction. Read more here.
Beans that have been paid to a Silo Member since the last Season the Silo Member Planted their Plantable Seeds. Upon Plant, Earned Beans are Deposited.
Stalk 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 Beanstalk Community Multisig (BCM). Abbreviated as EBIP. Read more here.
Adds Revitalized Stalk and Seeds to your Stalk and Seed balances, respectively.
The Beanstalk ecosystem. The Farm has five primary components: the Sun, Silo, Field, Market, and Depot.
Assets stored in Beanstalk. Farm Assets can be used in transactions on the Farm and may be more gas efficient than Circulating Assets. Read more about Asset States.
Users of Beanstalk.
Sprouts are Fertilized by Active Fertilizer, at which point they become Rinsable Sprouts.
An ERC-1155 token that Beanstalk mints in exchange for USDC. Fertilizer comes with 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.
The Beanstalk credit facility. Read more here.
First in, first out. Pods become Harvestable on a FIFO basis. This means that Pods closer to the front of the Pod Line become Harvestable before Pods farther back in the Pod Line.
Match a Pod Listing with an overlapping Pod Order.
If P > 1 over the previous Season and the 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.
Determine Grown Stalk issuance across various LP tokens.
Germinating Deposits are Deposits that are <2 gm
calls old. Germinating Deposits can be Withdrawn or Transferred, but cannot be Converted. Germination exists to add flash loan and inter-block MEV manipulation resistance to the calculation of Deposited BDV. By preventing the accrual of Earned Beans for 1 full Season, Beanstalk further disincentivizes inorganic demand.
Beanstalk accepts one gm
function call every Season. Upon the gm
call, Beanstalk Ripens Pods, Fertilizes Sprouts, distributes Beans to Stalkholders, adjusts the Temperature, etc.
Stalk earned from Seeds. Grown Stalk does not contribute to Stalk ownership until it is Mown. Mow can be called on its own, and it is also called at the beginning of any Silo interaction (Depositing, Withdrawing, Converting, etc.).
Redeem Harvestable Pods for 1 Bean each.
Pods that are redeemable for 1 Bean each. Harvestable Pods must be Harvested in order to use them.
The interest rate on Fertilizer purchases. Read more here.
Jack chopped down Beanstalk on April 17, 2022.
Represents the Beanstalk liquidity level relative to the Bean supply. The L2SR is a useful indicator of Beanstalk's health.
The portion of liquidity in a whitelisted liquidity pool that counts towards the Liquidity to Supply Ratio calculation.
The maximum Temperature Beanstalk is willing to offer during a Season. Read more here.
The whitelist of liquidity pools whose deltaB’s are summed to calculate a cumulative deltaB. Read more here.
The first 25 blocks of each Season.
Mowing Grown Stalk adds it to your Stalk balance. Called upon any interaction with the Silo.
Beans stored in Pod Orders.
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 schedule of the Pod Line in the Field.
Temporarily prevent the gm
function call from being accepted. Read more here.
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 page). Note that this also currently refers to functionality in Beanstalk that is a channel from the Depot to another protocol. Pipelines can be added to the Depot via Beanstalk governance. Read more here.
Planting adds Plantable Seeds to your total Seed balance.
Seeds earned in conjunction with Earned Beans. Plantable Seeds must be Planted in order to grow Stalk.
Pods that grow from Beans that were Sown in the same transaction form a Plot.
The order Pods will become Harvestable based on the FIFO Harvest schedule.
An offer to sell Pods on the Pod Market. Read more here.
The decentralized, trustless market that Pods can be bought and sold on. Read more here.
An order to buy Pods on the Pod Market. Read more here.
The Beanstalk debt level (Pod 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 Ripened into Harvestable Pods. Read more here.
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.
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 ownership until Enrooted. Read more here.
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 until Enrooted. Read more here.
Sprouts that are redeemable for 1 Bean each. Rinsable Sprouts must be Rinsed in order to use them.
Redeem Rinsable Sprouts for 1 Bean each.
Assets that are minted as Fertilizer is sold. Unripe assets represent a pro rata share of underlying Ripe assets.
When Pods passively turn into Harvestable Pods, they Ripen.
Seasons are Beanstalk-native time. Every Season is approximately 1 hour. Each Season begins when the gm
function is successfully called on Ethereum.
The component of Beanstalk responsible for dynamically adjusting the Seed rewards for different assets whitelisted in the Silo. Read more here.
An internal token that yields 1/10000 Grown Stalk every Season.
The Beanstalk DAO. Read more here.
Depositors in the Silo.
Rewards earned by Silo Members in the form of Earned Beans, Earned Stalk, Grown Stalk, Revitalized Stalk, Plantable Seeds, and Revitalized Seeds. Read more here.
The current number of Beans that can be Sown in exchange for Pods. Read more here.
Lend. Used in the context of Sowing Beans, or lending Beans to Beanstalk when there is Soil.
Sprouts represent how many Beans there are left to be earned from Fertilizer.
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.
Holders of the Stalk token. Stalkholders participate in governance and earn Bean seigniorage.
The component of the Farm that keeps time in Seasons and incentivizes cost-efficient and timely calling of the gm
function. Read more here.
Determines the target number of Seasons for a new Deposit with an average number of Seeds to catch up to the average Grown Stalk per BDV of existing Deposits at the time of Deposit.
The interest rate for Sowing Beans. Read more here.
The Toolshed offers a suite of tools for efficient use of Beanstalk and other Arbitrum-native protocols. Read more here.
The value of assets Deposited in the Silo. 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 here.
Moving Deposits, Plots or Fertilizer from one address to another. Deposits can be Transferred without the loss of Stalk, Seeds, or Stalk from Seeds. Assets can be transferred between Farm Balances and Circulating Balances.
Resume the acceptance of gm
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 Ripe assets minted as Fertilizer is sold and debt is repaid to Fertilizer. Read more here.
Unripe Beans. See Unripe Assets.
The time interval in which a Beanstalk Improvement Proposal (BIP) is considered by Stalkholders. Read more here.
Deposited assets can be Withdrawn from the Silo at any time. The number of Stalk, Seeds, and Stalk from Seeds rewarded for a Deposited asset must be forfeited upon its Withdrawal from the Silo. Read more here.