Bean token
Overview
Bean is the native algorithmic stablecoin of the Beanstalk protocol on Ethereum. It maintains price stability through a decentralized credit-clearing system rather than collateralization. The token is used for governance within the protocol and as a medium of exchange in the Beanstalk ecosystem.
Within the DeFi Intel graph, Bean connects to 3 tracked entities, most strongly to Ethereum, Beanstalk Farms, Algorithmic Mechanism.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
issued_by | Beanstalk Farms | 95% |
backed_by | Algorithmic Mechanism | 90% |
Frequently asked questions
What is Bean?
Bean is a stablecoin tracked in the DeFi Intel knowledge graph. It is connected to 3 other tracked entities, most strongly to Ethereum, Beanstalk Farms, Algorithmic Mechanism.
What type of entity is Bean?
Bean is classified as a stablecoin (token) in the DeFi Intel knowledge graph.
What is Bean connected to?
In the DeFi Intel knowledge graph, Bean is linked to 3 other tracked entities, most strongly to Ethereum, Beanstalk Farms, Algorithmic Mechanism.
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