Beanstalk Farms · December 2nd, 2022
Welcome to the Bi-Weekly Bean, the newsletter that recaps the latest developments in the Beanstalk ecosystem.
This issue covers Seasons 8558 through 8867 which spanned 11/17/22 – 11/30/22.
What is Beanstalk? Beanstalk is a permissionless fiat stablecoin protocol built on Ethereum. Learn more at bean.money.
Feel free to drop by Discord if you have any questions—the Beanstalk community is full of curious Farmers who enjoy answering questions and discussing interesting ideas.
The price of Bean crossed its peg 10 times and protocol liquidity decreased 1.8% to ~$26.8M.
The Pod Rate (outstanding Pods per Bean) decreased 18.6 points to 2289%.
The Temperature increase by 790 points to 4693%.
Audits in Progress
Functionality and Development Upgrades
Thanks for reading!
If you have any comments, suggestions or feedback, please reach out to [email protected].