Beanstalk

Beanstalk is a decentralized and algorithmic platform for issuing stablecoins, leveraging trust lines and credit scoring for enhanced stability.

Beanstalk is an innovative, permissionless protocol for issuing fiat stablecoins on the Ethereum network. It allows users to mint BEAN, a stablecoin that maintains a 1:1 peg with the US Dollar. Unlike traditional stablecoin models, Beanstalk utilizes a unique credit-based price stability approach. Participants are incentivized with rewards for contributing liquidity and issuing credit, ensuring the ongoing stability of BEAN's value. Join our community on Discord, explore our documentation, or dive into our whitepaper to learn more about how Beanstalk is reshaping the stablecoin landscape.