Mechanics
All value in Root is owned pro rata by Root Holders. Any account can contribute to collective farming by calling the
earn, mow, updateBDV and updateBDVs functions.Any ERC-20 standard token that is on the Beanstalk Deposit Whitelist can be added to and removed from the Minting Whitelist via Root governance.
Any Beanstalk Silo Deposit of a token on the Minting Whitelist can be used to Mint Roots.
Whitelisted asset | Address |
|---|---|
Bean |
To Mint Root, an account must call the
mint function and provide a minimum amount of Root to Mint, and a list of Beanstalk Silo Deposits on the Minting Whitelist that are not currently owned by Root.The amount of Root received will be the greater of the minimum amount of Root specified, or the minimum of the percentage change in the BDV, Stalk, or Seeds of Root resulting from the Mint, multiplied by the total Root supply.
To Redeem Root, an account must call the
redeem function and provide a maximum amount of Root to Redeem, and a list of Beanstalk Silo Deposits currently owned by Root.The amount of Root needed to Redeem a list of Beanstalk Silo Deposits is the lesser of the amount specified, or the maximum of the percentage change in the BDV, Stalk, or Seeds of Root resulting from the Redemption, multiplied by the total Root supply.
The
earn function can be called by any account to Mow all of Root’s Grown Stalk, Plant the Seeds associated with Root’s Earned Beans and Deposit Root’s Earned Beans in the current Season.This is the only instance the Stalk or Seed per BDV ratios of Root may decrease.
The
mow function can be called by any account to Mow all of Root’s Grown Stalk.Any account can update the BDV of one or multiple of Root’s Silo Deposits by calling the
updateBdv or updateBdvs functions, respectively.Last modified 2mo ago