Beanstalk Farms · May 16th, 2022
Welcome to the Bi-Weekly Bean, a newsletter that recaps the happenings in the Beanstalk ecosystem. This issue will cover the 4/16/22– 5/15/22 period.
What is Beanstalk? Beanstalk is a decentralized credit based stablecoin protocol built on Ethereum. Learn more at bean.money.
As the summer months approach, both old and new farmers are rightfully asking: what's next for Beanstalk?
Since the protocol's governance exploit on Easter weekend, the community has rallied and devised a plan for the Barn Raise to recapitalize the Beanstalk and get it back on its feet. Various proposals have been considered around this idea, and the most recent proposal approved by the Beanstalk DAO offers the latest details.
If you're new to Beanstalk, you can bookmark this analytics page to review the protocol’s performance, as it reflects how Beanstalk's economic model was performing up to that point:
Publius has appeared on a number of Twitter Spaces in recent weeks to discuss next steps for the protocol. Here are links to a few of them:
Make sure to also check out the latest episode on Beanstalk’s podcast, The Bean Pod, where Publius discussed Terra's unfortunate collapse and the lessons learned from that.
Also checkout the latest songs from the farm at this curated Field Ballads and Silo Songs playlist.
Lastly, feel free to drop by Discord if you have any questions - the community is always available to help and answer questions.
Comments, suggestions or feedback? Please reach out to [email protected]n.farm
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