What is Beanstalk?
Beanstalk is an Ethereum-based permissionless and algorithmic fiat stablecoin protocol. It is used for issuance of BEAN stablecoin pegged at 1:1 ratio to the US Dollar. Beanstalk is different from fiat and crypto-collateralized stablecoin protocols as it works based on a credit-based price stability model. The users of the Beanstalk protocol are constantly rewarded with economic incentives for issuing credit or providing liquidity to the protocol and thus maintaining BEAN’s price stability.
Web3 dapps and developer tools related to Beanstalk
Discover blockchain applications that are frequently used with Beanstalk.
EnzymeDecentralized Exchanges (DEXs)
Enzyme - a composable Web3 asset management protocol.
dForceDecentralized Lending Dapps
dForce is a decentralized protocol that offers services like asset trading and lending.
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SolendDecentralized Lending Dapps
Solend is an algorithmically based deFi protocol that allows for lending and borrowing on Solana.
Resources and Guides about Decentralized CDPs
Beanstalk Alternatives
Explore web3 competitors and apps like Beanstalk.
