Beanstalk Farms · October 17th, 2022
What is Beanstalk? Beanstalk is a permissionless fiat stablecoin protocol built on Ethereum. Learn more at bean.money.
The bug bounty program with Immunefi, approved in BIP-26, is now live. The program rewards up to 1.1M Beans per bug report and can be found here.
Six governance proposals passed:
Two new episodes of the The Bean Pod are live:
Lastly, feel free to drop by Discord if you have any questions—the community is always available to help and answer questions.
The price of Bean crossed peg 36 times and is currently at $0.9975. Bean liquidity dropped by 2.2% to ~$28M.
The Pod Rate (The ratio of outstanding Pods per Bean, displayed as a percentage) decreased by 3.5% to 2360%.
The Temperature increased by 197% to 4447%
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