For a video version of this episode, please visit: https://www.missiondefi.com/beanstalk-4
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After a brutal exploit drained the value of the Bean stablecoin, many predicted that Beanstalk Farms would never recover, but a herculean and unpaid effort by the team and the community has the protocol on the path to recovery and things are looking bright for one of the most successful algortthmic stablecoins ever.
We discussed not only what happened after the exploit, but the plan forward and amazing developments for use of the protocol inside and outside of DeFi.
We also discussed their role as founders and what it is like balancing that role with the desire to have a completely decentralized protocol that no longer depends on Publius and how they want to make that happen.
Project Name: Beanstalk Farms
Project URL: https://bean.money
Project Twitter: https://twitter.com/BeanstalkFarms
Guest Name: Publius
Guest Twitter: https://twitter.com/isthispublius
Our previous interviews with Beanstalk Farms' Publius:
Mission: DeFi - EP 55 The @BeanstalkFarms exploit what is was like, what it means, & the path forward | Mission: DeFi - https://www.missiondefi.com/mission-defi-ep-55-the-beanstalkfarms-exploit-what-is-was-like-what-it-means-the-path-forward/
Mission: DeFi EP 42 - Beanstalk Farms 2 - Creating a better stablecoin model - their progress, growth, lessons learned, big hairy vision, & what's next @Beanstalkfarms $BEAN | Mission: DeFi - https://www.missiondefi.com/beanstalk-farms-2/
Mission: DeFi EP 16 - Count your magic beans Jack - Beanstalk is taking on the giants of stablecoins | Mission: DeFi - https://www.missiondefi.com/ep-16-count-your-magic-beans-jack-beanstalk-is-taking-on-the-giants-of-stablecoins/
This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all.
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