Beanstalk Overview

What is Beanstalk?

Beanstalk is an Ethereum-based stablecoin protocol that issues the BEAN stablecoin at a 1:1 ratio to the US Dollar. It differs from other stablecoin protocols as it operates on a credit-based price stability model. Stability is achieved through an algorithmic adjustment of supply and demand.

Main Features
Credit mechanism to issue stablecoins
Governed by a DAO
Timekeeping mechanism called Seasons
Cheap and fast transactions
Earn interest by lending Beans

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