Concerto Programme — 113

Beethoven X
4 min readApr 22, 2024

Rise and Shine Maestros,

Welcome to another beautiful week at BEETS. Funkadelically FRESH and always insightful, let’s dive into the weekly Concerto Programme.

Governance

Currently, two new proposals are up for discussion over in Discord. It’s that time of the year maestros… it’s time to dot the i’s and cross the t’s.

The first proposal looks to extend the Beethoven X core contributor funding model for another six months with a minor increase of $5,000 per month. Beethoven X’s commitment to state-of-the-art technology and a decentralized, transparent, and censorship-resistant community remains unwavering. Treasury funding has allowed our DAO contributors to stay dedicated to this vision and is essential for attracting and retaining contributors, ensuring the continued operation of the protocol.

Singing a similar song, the second proposal looks to extend the protocol infrastructure funding model for another six months up to a maximum of $4,500 per month.

To check out the proposals in full and join the discussion hop into our discord below:

Gauge vote

The weeks are just flying by and the next round of the Beethoven Gauge Vote is just on the horizon.

Don’t miss the opportunity to have your say in BEETS emissions for the period of the 1st to the 14th of May.

50% of the BEETS farm emissions are decided by the maBEETS gauge and the next round will start this Thursday!

New Pool — Staked Fantom and Circle Symphony

Ever wondered what happens when a native YB LST crosses paths with a canonical stablecoin?

Introducing the synergy of Staked Fantom and Circle Symphony!

Dive into the sweet blend of $sFTMx and $USDC.e in our 70/30 weighted pool.

Incentives now LIVE.

Hot Topic

I think it’s time for a little celebration, don’t you?!

Since our successful takeover of sFTMx, liquidity has grown by over 128% with the staked FTM value now over $10,000,000!

And we’re only just getting started…

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 #54 below.

Live Events

Bring back da alpha!!

We’re re-kicking off Tech Thursdays — a weekly space in which we dive into the technical brilliance of Balancer Tech.

Sprinkled with alpha drops, this weekly chat is as chilled as it gets. Rock up, listen in, and join the convo (if you want to). This week we’re hopping on at 1 PM UTC.

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

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