Beanstalk Farms · October 4th, 2022
What is Beanstalk? Beanstalk is a permissionless fiat stablecoin protocol built on Ethereum. Learn more at bean.money.
Fall is here and the Farm has a new theme!
There are currently 5 governance proposals live for voting:
Voting ends Wednesday
Voting ends Thursday
Lastly, feel free to drop by Discord if you have any questions—the community is always available to help and answer questions.
The protocol experienced outflows in the past two weeks resulting in the price of Bean to drop to $0.977. This is reflected in Bean liquidity which has dropped by 4.2% to ~$28.7M.
The Pod Rate (The ratio of outstanding Pods per Bean, displayed as a percentage) has increased by 0.5% to 2445%.
Demand for Soil dampened which has lead the Temperature to rise in the Field by 19.3% to 4239%.
Comments, suggestions or feedback? Please reach out to [email protected]
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