Beanstalk Farms hosts a Barn Raise Update AMA responding to questions and concerns regarding the snapshot proposal BFP-69. In the snapshot proposal, Beanstalk Farms proposes to change the start date of the Barn Raise from Monday, May 2 at 4pm UTC to Monday, May 9 at 4pm UTC as conversations with capital sources continue to develop.
The Beanstalk community has discussed a number of possible paths forward for Beanstalk. Beanstalk Farms outlines what it views as the optimal mechanism to safely Unpause the protocol, with the following four primary goals in mind:
Securing the enduring success of Beanstalk's economic model;
Attracting sufficient capital to restart Beanstalk;
Preserving as much of each Farmers' Stalk, Seed and Pod positions as possible; and
Aligning new capital with previous Stalk and Pod holders.This plan is subject to change as conversations with the community and various sources of capital continue. Ultimately, the Beanstalk DAO will vote on the final version via Snapshot.
For more information on the Barn Raise: https://bean.money/blog/path-forward
For more information on BFP-69: https://snapshot.org/#/beanstalkfarms.eth/proposal/0x87d874a4a8b079c5dc092d7240e4c34fbb7d93252c9158fcb697bd9adff9bac9