Bean Price
BEAN
Convert BEAN to your currency
Last Updated on Nov 29, 2025 08:20 AM
What is Bean?
About the coin
Beanstalk addresses the limitations of Decentralized Finance by introducing a decentralized, collateral-free stablecoin. Traditional USD stablecoins often face high borrowing rates due to collateral requirements, which restricts their supply from meeting the growing demand. Beanstalk offers a solution by utilizing credit instead of collateral, creating a stable, liquid, and blockchain-native asset.
Main features
Beanstalk's primary innovation lies in its use of credit rather than collateral to maintain stability. This approach allows for a decentralized and liquid asset that remains stable in value compared to traditional non-blockchain-native assets. The protocol is designed to provide financial incentives that encourage participation in maintaining the peg and governance, without requiring active involvement from everyday users.
How it works
The Beanstalk protocol creates native financial incentives to ensure the stability and governance of the asset. These incentives are built into the protocol, allowing users to participate in peg maintenance and governance effortlessly. By eliminating the need for collateral, Beanstalk can offer a more accessible and scalable solution for decentralized finance, making it easier for users to engage with the ecosystem.
Wallet for Bean
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Tangem supports networks for Bean
- Arbitrum One
Metrics
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Links
Official links
Repository
Blockchain site
Bean FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure Bean with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get TangemGet the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Bean wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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