The Commons
Your community's shared beans: where they come from, and how they are spent.
What it is
The Commons is your community's shared pool of beans. It belongs to everyone.
Beans come into it from:
- the 1.5% market fee on every completed trade;
- the circulation fee on large balances. See "The circulation fee".
Seeing it
Tap Commons. At the top, Commons Pool shows how many beans it holds. Tap the ⓘ next to The Commons for how it works: How It Works, Circulation Fees and Voting.
Community Treasuries are listed under Enterprises. Tap one to see its balance and every bean in and out. Every member sees the amounts; who paid or was paid, and the note, only its keepers and that member see.
Spending it
The Commons' beans are spent only by a community Decision: a grant to an enterprise, a hardship grant to a member, or writing off a debt. See "Proposing a Decision". Decisions about the Commons' beans are counted with voice credits, from completed trades.
The Commons also covers a member's debt when they leave or are removed. See "Leaving or deleting your account".
Related
- Voting on a DecisionFind open Decisions, vote, change your vote, and see results.
- The circulation feeA small monthly fee on large balances, so beans keep moving. The first 200 are free.
- Enterprises and projectsShared ventures with their own beans: find one, back one, or start one.
- How BeanPool worksBeans, trading, offers and needs, and credit, in plain words.
The same guide is in the BeanPool app, and works there without a connection: open Settings, then "Help & how it works" under BeanPool. Every other rule, guide and manual is in the Help Centre. Guide version 112.