Concerto Programme — 80

Beethoven X
4 min readAug 21, 2023

Rise and Shine Maestros,

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

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 174,000 BEETS were offered as BEETS bounties.

The final results for Round 43 can be found on Snapshot below.

Governance

The music dances and the symphony celebrates, at Beethoven HQ there's never a quiet week!

All of you Ludwigs have been busy shaping our collective future.

BIP-49

Last week we explored BIP-49, a proposal outlining the plan to establish a new BEETS bridge between Optimism and Fantom. The proposal will also see a new migration contract, meaning existing multiBEETS can be transferred to the new L0BEETS contract.

And we’re proud to announce, the proposal passed with flying colors! And as we speak the tech team is hot on the case. It's time to reignite BEETS on Optimism!

BIP-50

Next up to vote we have BIP-50. This proposal seeks to reimburse users who lost funds in the recent Dollar Dollar Bills exploit. Those affected would receive a full reimbursement from the DAO treasury equal to that of which was lost.

Have your say now! Votes close in approximately 2 days.

For a full Post Mortem of the incident check out the article below.

Social Science Lab

An eerie glow spills from the lab windows, day and night they tirelessly shimmer as the hum of progress drifts through the air.

Josey and the team are hard at work, concocting a cutting-edge new study on ‘identity fusion’ and now they need YOUR help! We’re after enthusiastic interview participants, and, in particular, Optimism and Velodrome aficionados.

If you want to get involved, drop Josey a message on Discord!

Hot Topic

Did you just say multi-chain governance?!

That's right, this week we welcomed a brand new 8020 pool from Paraswap on Optimism. Not only are they harnessing the elegant beauty of 8020, but Paraswap will also be using this masterpiece as a L2 governance pool which will be working hand in hand with their current ETH mainnet pool!

If we’re not pushing the innovation ourselves we’ll do our best to facilitate it!

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 #20.

Live Events

Townhall

Unfortunately last week we had to put a pause on the Townhall, but this week we’re back and ready for action.

Towntastically terrific. The monthly gathering is just around the corner. Join us on Tuesday 12pm UTC for a breakdown of the month of July.

On the agenda we have the following topics:

  • Performance Report for July
  • Aura Overview
  • Community Q&A

Action-packed as always, we’d love to have you all there!

Tech Thursday

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.

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.

--

--