Concerto Programme — 93
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
Last week we explored three important Beethoven X funding proposals. This week we’re pleased to announce each one passed with a unanimous vote! Check them out here: BIP-54, BIP-55, BIP-56.
With the fluidity of this space, there’s always plenty more to keep up to date with. Last week also saw the passing of an exciting proposal over at Aura Finance.
The proposal seeks to establish AURA liquidity on Optimism by seeding a new AURA/wETH 8020 pool on Beethoven X with Aura DAO protocol-owned liquidity. Up to 5% of Aura’s POL in their AURA/wETH 8020 pool on mainnet will be withdrawn, bridged, and deposited into the new pool on Beethoven X. Want to check out the proposal for yourself? Hit the link 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 5000 Fantom Layer of the Opera BPTs were offered as BEETS bounties.
Check out the final results for Round 50 below.
Roast Beets
Roll up, Roll up… The BEETzza hut is OPEN!
We’re proud to announce a hot and spicy new pool on Optimism: Roast Beets!
But this isn't your average pool. In line with BIP-52 this new pool will not only seed liquidity for the new lzBEETS token but will also be used to accelerate the DAO’s acquisition of AURA and BAL.
For all the juicy details hop into the thread below.
Hot Topic
It’s time for some ecosystem excitement.
The Fantom Foundation recently granted us a glimpse into the ultra-fast and fascinatingly fluid future of Fantom. A little something that goes by the name of… Sonic.
The upcoming network upgrade features a 2000+ TPS throughput, 90% reduction in validator requirements and 1-second finalty.
For a quick rundown, check out the thread below.
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.
Talk about efficiency, this week the Gyroscope ECLP pulled in almost $19M in volume!
Dive into episode #33.
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
