Today Beanstalk Farms is pleased to announce that Beanstalk is celebrating its one year anniversary since its first deployment.https://t.co/HxZmwWksZe
Beanstalk Farms (@BeanstalkFarms) August 6, 2022
Beanstalk, a credit-based stablecoin, has rebooted after its one-year anniversaryIt’s been less than four months Hacked for $182 million.
“Beanstalk experimentation has gone wild again. released a statement on the project website. “this is It’s impossible to predict how it will workbut Beanstalk Farms remains steadfast in its belief in the potential of unlicensed fiat stablecoins.“
Stablecoins are designed to hold a 1:1 peg with fiat currencies such as the US dollar.While top stablecoins like Tether ostensibly do it by holding collateral, Beanstalk maintains the value of Beanstalk. algorithm.
Today Beanstalk Farms is pleased to announce that Beanstalk is celebrating its one year anniversary since its first deployment.https://t.co/HxZmwWksZe
Beanstalk Farms (@BeanstalkFarms) August 6, 2022
“By eliminating collateral requirements,The statement continued “Beanstalk can be a trustless money catalyst that unlocks the potential of decentralized finance for everyone.“
$182 million exploit largest ever.
Copyright © Pbird Media | Copyright © All rights reserved 2024
Copyright © Pbird Media | Copyright © All rights reserved 2024