Concerto Programme — 100
Rise and Shine Maestros,
Welcome to another beautiful week at BEETS. Funkadelically FRESH and always insightful, let’s dive into the weekly Concerto Programme.
BEETS Wars 2.0
With evolutions and optimizations, the BEETS WARS has taken a new form — BEETS WARS 2.0
The following article provides everything you need to know about the Beets Gauge vote; how to vote, the benefits, how to create a pool, and how to participate and receive bounties on Hidden Hand. BEETS knowledge is a power unlike no other. Use it wisely Lukewig.
As you begin the illuminating journey navigating Beetswars 2.0, remember the wise words of your BEETS forefathers…
“May the Force BEETS with you.” — Obi-Wan Beetsobi
Governance
It’s time to get the ballot boxes out. An important new proposal just landed.
BIP-59 seeks to decide if and how to proceed with the reimbursement of victims of the Optimism Boosted Pool exploit.
Following the passing of BIP-445 on Balancer, a 90-day information collection period was held, where affected users could apply for reimbursement. During this period multiple reminders were sent out over various channels and based on the information collected, the total reimbursement for the loss on Optimism would be $5861.27.
There has been mutual signaling with Balancer that if a reimbursement happens on Optimism, then both sides of the partnership would cover equal amounts of the value (similarly to how revenue is divided). If Beethoven X DAO decides against reimbursement, then Balancer has indicated they would cover the entire amount.
Note: The subject of this proposal is the Optimism deployment. The Beethoven X DAO decided not to reimburse on Fantom as part of BIP-53.
Check out all the details and vote below…
Gauge vote
May the force BEET with you!
Another wave of the bi-weekly Gauge Vote has been completed and the votes are in. This round, over 6500 Fantom Layer of the Opera BPTs were offered as BEETS bounties.
Check out the final results for Round 54 below.
New Pools
This week we welcomed Deus DAO back to the BEET WARS with two poppin’ new pools.
Leveraging the full power of Balancer tech please put your hands together for…
Deus Crescendo — DEUS/FTM 80/20
Dues ma non troppo — DEUS/wFTM/lzUSDC 50/25/25
And with the mechanics stacked in their favor, Deus DAO recognized there's no better time to incentivize pools on Beethoven X.
BEETS DA-DA-DA DATA
The BEETS data series is running strong.
Light work and easy reading these little gems are meant to keep you up to date with the most essential performance metrics at Beethoven X.
Dive into episode #41 below.
Outro
The sun is shining Ludwigs and the weather is sweet! We hope everyone out there is still groovin’ to the BEETS. More challenging times out there for sure but we’re out here building and fully committed to the mission. There is plenty in the pipeline to look forward to and we’re stoked to have you all here with us!
Have a great week and stay FRESH maestros!
Beet X
