Irrigation Protocol
  • Irrigation Protocol
  • 💦INTRODUCTION
    • Why Irrigation Protocol
    • How Irrigation Protocol Works
    • Goal of Irrigation Protocol
  • 🌊WATER
    • The Water Token
  • 💧Irrigation Tools
    • The Sprinkler
    • The Water Tower
    • The Leaky Faucet (Coming Soon)
    • Farmer's Market
      • Tranching
        • Pods
        • Pod Flow
    • Auction Market
      • Buying
      • Selling
      • Cross Protocol Swaps
  • 📖Protocol Resources
    • Audits
    • Contracts
    • Glossary
    • Good Farmer Manual
    • Beanstalk
    • Beta Launch
    • Branding Guidelines
    • Transaction Troubleshooting
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On this page
  • Ask Price
  • A-Tranche
  • Bean
  • Bean Denominated Value (BDV)
  • Beanstalk
  • Bid Price
  • B-Tranche
  • Cross Protocol Swaps
  • deltaB
  • Droplets
  • Farmers
  • Fertilizer
  • Harvestable Pods
  • Irrigation Flywheel
  • Irrigation Tools
  • Ohm
  • Pod Line
  • Pod Market
  • Pod Rate
  • Pods
  • Ripe Assets
  • Ripen
  • Spot
  • Sprinkler
  • Sprouts
  • Stalk
  • Store
  • Unripe Assets
  • Unstore
  • urBEAN
  • urBEAN:3CRV
  • Water
  • Water Tower
  • Whitelisted Assets
  • Z-Tranche
  1. Protocol Resources

Glossary

Core terms and definitions

PreviousContractsNextGood Farmer Manual

Last updated 1 year ago

Ask Price

The price in which a seller is willing to sell their asset.

A-Tranche

The most senior debt of a tranche contract which holds the safest portion.

Bean

The ERC-20 fiat stablecoin issued by Beanstalk.

Bean Denominated Value (BDV)

The value of an asset denominated in Beans. Used to calculate how many and Seeds are rewarded to Beanstalk depositors. Abbreviated as BDV.

Beanstalk

The Ethereum-native, decentralized fiat stablecoin protocol that issues Beans.

Bid Price

The price in which a buyer is willing to buy an asset.

B-Tranche

The middle risk of a tranched asset.

Cross Protocol Swaps

The buying and selling of tokenized debt and bonds across protocols.

deltaB

Droplets

Irrigation ledger asset that tracks underlying asset value, nominated at 1 USD.

Farmers

Users of Irrigation.

Fertilizer

Harvestable Pods

Irrigation Flywheel

Irrigation Tools

DeFi instruments created by Irrigation Protocol which provide holders additional liquidity and rewards.

Ohm

Decentralized and censorship-resistant reserve currency that is asset-backed, deeply liquid and used widely across Web3.

Pod Line

Pod Market

Pod Rate

Pods

Ripe Assets

Ripen

Spot

Sprinkler

Sprouts

Stalk

The Beanstalk governance token. Stalk entitles the holder to a pro rata share of future Bean mints and participation in Beanstalk governance.

Store

Depositing Water in the Water Tower, making the user eligible for monthly rewards.

Unripe Assets

Unstore

urBEAN

urBEAN:3CRV

Water

Water Tower

Whitelisted Assets

Z-Tranche

Junior debt of a tranched contract which holds the equity portion.

The shortage or excess of in a liquidity pool Beans trade in.

An ERC-1155 token that Beanstalk mints in exchange for USDC. Fertilizer comes with , which represent debt to be repaid by Beanstalk in the form of new Beans. Fertilizer has no fixed maturity. Fertilizer can be Available (not sold yet), Active (is owed Bean mints through ) or Used (is done earning Bean mints).

that are redeemable for 1 Bean each. Harvestable Pods must be Harvested in order to use them.

A virtuous cycle of reward and reinvestment where increase the value assets by redeploying them through the function.

The order will become based on the FIFO Harvest schedule.

The decentralized, trustless market that can be bought and sold on through Beanstalk.

The Beanstalk debt level ( supply) relative to the Bean supply. The Pod Rate is often used as a proxy for Beanstalk's health.

The Beanstalk-native debt asset, redeemable for 1 Bean each once into harvestable pods.

Assets that are minted as is sold. represent a pro rata share of underlying Ripe assets.

When passively turn into , they Ripen.

Spot is an inflation-resistant store of value which is a freely redeemable claim on a basket of on-chain collateral.

Irrigation Tool that allows users to deposit assets in exchange for the token.

Sprouts represent how many Beans there are left to be earned from .

Unripe assets represent a pro rata share of minted as is sold and debt is repaid to Fertilizer.

Removing from the Water Tower.

Unripe Beans. See

Unripe Bean LP tokens. The liquidity pool on Curve contains Bean paired with DAI, USDC, and USDT. See

Water is the ERC-20/ERC-1155 native utility token of Irrigation Protocol. By storing Water in the , users become eligible for a proportionate amount of distributed monthly ETH rewards.

can be in the Water Tower to earn ETH rewards.

Assets redeemable for through the .

📖
Spot documentation
Stalk
Beans
Sprouts
Sprouts
Pods
Pods
Harvestable
Pods
Pod
Ripened
Fertilizer
Unripe assets
Pods
Harvestable Pods
Water
Fertilizer
Ripe assets
Fertilizer
Water
Unripe Assets
Unripe Assets
Water Tower
Water
stored
Water
Sprinkler
Farmers
Irrigate