Concerto programme — 72

Beethoven X
4 min readJun 27, 2023

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Rise and Shine Maestros,

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

Tech

This week it’s time for the great migration!

If you have Optimism farming positions listen up.

Layer Zero is enabling transitioning of the boost to L2s for Aura. So, in preparation, you must migrate your Optimism positions from their current gauge and stake into the latest iteration.

It’s easy, simply click the “Migrate” button integrated into the UI for a seamless transition.

Don’t miss out maestros, in order to continue receiving rewards, gauges MUST be migrated!

Gauge Vote

May the force BEET with you!

Another wave of the bi-weekly Gauge Vote has been completed and the votes are in.

Emission updates for pools will be implemented this Wednesday and the final results for Round 39 can be found in the Tweet below.

Governance

The Music Directors have been hard at work, composing a harmonic masterpiece.

BIP-44 proposes that they be granted the discretion to swap current and future auraBAL holdings for AURA and/or B-80BAL-20WETH, to be staked as vlAURA or veBAL respectively.

By exchanging the current auraBAL holdings (and future auraBAL earnings) in order to build our existing positions in vlAURA and/or veBAL, we would increase our vlAURA/veBAL gauge voting power with the aim of directing a greater value of total liquidity mining incentives to pools on Optimism.

Have your say! Voting ends on June 30th at 00:00 UTC.

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 #11.

Live Events

Back by popular demand! Tech Tuesdays are making a comeback, except now it’s on Thursdays.

DeFi is brimming with new stuff, all the time. It’s fast, it’s fun and it’s oh-so complicated — or is it? Come join us on Thursday in Discord for a mellow jam session on the technical innovations from Beethoven X and Beyond!

Everyone is welcome, simply tune in and get those questions popping.

Hot Topics

With 8020, the possibilities are endless!

The 8020 initiative presents a more efficient, streamlined, and optimized governance model. Providing the base layer for further innovations such as the ve8020 and ma8020 frameworks. Dive into all the juicy deets 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.

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