closedEnded 4 years ago · Snapshot (Offchain)
Add BEAN as collateral (and slowly replace DAI)
By 0x8D06...803778Continue Reading
Beanstalk (BEAN) is a decentralized credit based algorithmic stablecoin protocol that is built on Ethereum. Beanstalk uses credit instead of collateral to create price stability relative to a non-blockchain-native asset.
A stablocoin with NO-collateral needed!
Highlights:
- The first Beanstalk issues a USD stablecoin (BENA) on the Ethereum blockchain.
- Beanstalk offers a variety of passive and active opportunities for BEAN holders to earn interest directly from the protocol.
- Beanstalk does not have any collateral requirements. Beanstalk uses credit instead of collateral to create price stability relative to a non-blockchain-native asset.
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0Votes 192
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xf5B4...d99A72 | 10,655 | No |
 0xf280...78605c | 4,641 | Yes |
 0x7E7a...08Febc | 3,120 | No |
 0xa59f...925d1B | 2,563 | No |
 0xED5A...7189Eb | 1,751 | No |
VOTE POWER
0
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Proposal Status
- Sat October 09 2021, 10:00 amVoting Period Starts
- Tue November 09 2021, 11:00 amEnd Voting Period
Current Results
1-No
28,841.395
2-Yes
6,607.502