Concerto Programme — 83

Beethoven X
4 min readSep 18, 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.

Balancer Vulnerability Exploit

Listen up Maestros!

The Balancer DAO has issued a full technical postmortem report regarding the recent security incident

Check it out below.

But keep your eyes peeled, this week Beethoven X will also be releasing a post-mortem covering the events from our point of view.

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 100,000 BEETS were offered as BEETS bounties.

Check out the final results for Round 45 below.

Governance

The votes are in!

Late last week we saw the passing of BIP-51, sealed by an overwhelming majority. The proposal looks to reassess the reliance on bought-back BEETS as a means to incentivize maBEETS voters and instead looks to provide a real-yield alternative in the form of Beethoven X BPTs. In addition to this, the proposal outlines an avenue for the use of the FTM Gas Monetization funds to further bolster maBEETS incentives.

For all the details, check out the link below.

Gitcoin Voting

Headphones on. Walkman bumpin’. It's time to defend the BEETIVERSE.

Over $150,000 in $FTM is being distributed to dApps on Fantom via a Gitcoin voting round and we need your help to secure it.

But it’s your last chance Ludwigs, the round comes to a close on the 20th of September, and with the required Gitcoin Passport level now lowered to just 10 points it’s easier than ever.

Vote here and be in with a chance of winning 1 of 7 NFTs up for grabs!

If you’re confused about where to start, don't worry, we have a whole article running you through the process.

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 #23.

Live Events

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 in Discord for Tech Thursday, a mellow jam session on the technical innovations from Beethoven X and Beyond!

And this week we’ve got some extra special guests!

We’ll be joined by VMEX Finance, the money market protocol that recently opened the door to borrowing against Beethoven X BPTs.

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.

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