Bean Mints 1 Token Every 60 Seconds on Base
The Bean protocol, a gamified on-chain mining system, went live on the Base network on February 25, 2026. The protocol centers on competitive 60-second rounds where players deploy ETH onto a 5x5 grid of 25 blocks. At the end of each round, an on-chain randomizer selects one winning block. Miners on that block receive a proportional share of the ETH deployed by losers, less a 1% administrative fee and a 10% vault fee.
Crucially, one new BEAN token is minted every round and awarded to a miner on the winning block. This creates a direct play-to-earn mechanism where token supply expands in direct correlation with protocol usage. The BEAN token is already live and tradable on the Base network, with distribution occurring exclusively through gameplay rather than a traditional token generation event or airdrop.
Roasting Mechanic Uses 10% Fee to Boost Yield
Bean incorporates a novel yield feature called "roasting," funded by the 10% vault fee collected from the losing ETH pool in each round. This revenue is distributed among players who choose to delay claiming their earned BEAN tokens. By holding unclaimed BEAN, participants automatically earn a passive yield, incentivizing them to hold tokens within the protocol's ecosystem and potentially reducing immediate sell pressure.
This system provides a clear trade-off for players: claim BEAN immediately for liquidity or "roast" it to accumulate a greater share over time. The protocol also features a randomized "Beanpot" jackpot, which can distribute a large bonus of BEAN tokens at any time, adding a lottery-like element to sustained play. The project reports no venture capital or external funding, positioning its token distribution as a purely meritocratic process based on in-game success.
