Beanstalk Farms protocol
Overview
Beanstalk Farms operates as a credit-based algorithmic stablecoin protocol on Ethereum. Its native stablecoin, Bean, lacks overcollateralization and relies on a dynamic peg mechanism that incorporates staked governance tokens known as Stalk, alongside a system referred to as the 'Silo'. Governance of the protocol is conducted by the community via a dual-token structure comprising Stalk and Seeds.
Within The Counterparty graph, Beanstalk Farms connects to 1 tracked entity, most strongly to Ethereum.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 85% |
Frequently asked questions
What is Beanstalk Farms?
Beanstalk Farms is a stablecoin protocol tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Ethereum.
What type of entity is Beanstalk Farms?
Beanstalk Farms is classified as a stablecoin protocol (protocol) in The Counterparty knowledge graph.
What is Beanstalk Farms connected to?
In The Counterparty knowledge graph, Beanstalk Farms is linked to 1 other tracked entity, most strongly to Ethereum.