Beanstalk Silo

Beanstalk Silo Tokens represent recapitalized Unripe asset value from Beanstalk. Holders of Unripe Beans received Beanstalk Silo Tokens at a rate of 1 token per Unripe Bean. Holders of Unripe LP received tokens based on the Bean Denominated Value (BDV) of their Unripe LP if Beanstalk were fully recapitalized at the time of the snapshot.

Beanstalk Silo Tokens are standard ERC-20 tokens with 6 decimals, identified on-chain as urBDV. The total supply of Beanstalk Silo Tokens equals the total Pinto owed to holders: once the contract has received that amount in Pinto, the repayment is complete.

Earning Pinto

Each Season, when the Pinto supply exceeds 1 billion and the time-weighted average price of Pinto is above $1, the protocol distributes a portion of newly minted Pinto to the Beanstalk Silo Payback contract. These Pinto are allocated to Beanstalk Silo Token holders proportional to their share of the total token supply.

For example, if a Farmer holds 1% of all Beanstalk Silo Tokens, they earn 1% of the Pinto distributed to the Beanstalk Silo Payback contract each Season.

Earned Pinto (Pinto that has accrued to a holder but has not yet been claimed) accumulates automatically and does not need to be claimed each Season. Farmers can claim their total Earned Pinto at any time.

Claiming

To claim Earned Pinto, visit the Beanstalk Obligations page on the Pinto interface and click Claim in the Beanstalk Silo section. Claimed Pinto are sent to the Farmer's wallet.

Transferring

Beanstalk Silo Tokens can be transferred to another address by clicking Send in the Beanstalk Silo section. When tokens are transferred, the protocol automatically checkpoints Earned Pinto for both the sender and the recipient, ensuring that accumulated rewards are preserved and no double-counting occurs.

Beanstalk Silo Tokens held as a Farm Balance within the Pinto protocol are also counted toward a Farmer's earning share.