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.
MelegaSwapDecentralized Exchanges (DEXs)
MelegaSwap is a decentralized exchange on BSC with the widest range of farms and pools.
0xDecentralized Exchanges (DEXs)
0x provides flexible smart contracts to build decentralized exchanges and trading protocols.
ByBarterDecentralized Exchanges (DEXs)
ByBarter enables users to convert fiat to crypto & vice versa directly from their wallets.
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Resources and Guides about Decentralized CDPs
Beanstalk Alternatives
Explore web3 competitors and apps like Beanstalk.
MimoDecentralized CDPs
DeFi protocol that offers the first EUR over-collateralized token, called PAR.
MaiDecentralized CDPs
MAI is a Polygon-based stablecoin soft-pegged to USD at 1:1 ratio.
LiquityDecentralized CDPs
As a decentralized borrowing platform, Liquity offers interest-free loans on collateralized ETH.
