Dear Friends and Fellow Ludwigs,
Welcome to Week 17 of the year 2022. And WOW, what a week already! Despite the current macro environment, things are moving ahead at an unbelievable pace. The week is already in full sprint, from new partnership launches to brand new tech, the music has been truly awesome. As we transition into Q2 there is major movement on the horizon and we are stoked to be on the wonderful road to Vienna!
So what’s on the concerto this week?
Gauge Vote:
The weeks are just rolling by and it’s almost time for Round 9 of the gauge vote. The vote will begin tomorrow at a random point in time and as always we will keep the community as informed as possible.
To make sure you stay up to date we recommend that you check in with our Twitter and Discord regularly, where we have dedicated posts /channels specifically for the gauge vote.
The Byte Masons have a wonderful resource on the gauge and how you can get involved, read it here.
Fireside:
This ones going to be BIG. The sweet sounds of a seriously stacked symphony. Come join us this Friday at 18:00 UTC over on our Discord for a chat around the Beethoven X roadmap. We will be exploring the future for the protocol with the team and taking a deep dive into the different circles that make Beethoven X the protocol it is today. The firesides are a great place to drop exclusive alpha for the community and this one is not to be missed.
Bonding:
This week we saw the resumption of the Olympus Pro bonding program. After a successful pilot program, Beethoven X is proud to announce that BEETS are back on the bonds market place at Olympus Pro. Users can now obtain BEETS at a discounted rate in exchange for Late Quartet BPTs.
Remember: ROI on bonds is subject to change in relation to demand.
To learn more about bonds, the benefits of Protocol Owned Liquidity and how this initiative is helping our protocol secure a more stable, sustainable future, please check out our recent Medium article here.
Symphony of the Week:
This week’s masterpiece is named after the famous 7-string Chinese musical instrument — The Guqin. With over 5,000 years of musical history, this instrument was recognized as one for the scholarly class and produced quiet yet magnificent tunes. Our symphony pays homage to its rich history, with its own graceful melody. We present to you: Guqin Qi.
For a deep deep check out the recent Medium article here.
Stader sFTMx:
Liquid staking has arrived on Fantom through Stader and they are on a mission to help solve the issues of securing, decentralising and scaling on the Fantom network.
Beethoven X has partnered with Stader to create a Boosted Meta Stable Pool like never seen before. Introducing: Lock, Staked and Two Smoking Fantoms
In this new pool you’ll find one of our most creative symphonies to date. It’s the perfect example to showcase just how innovative the Beethoven X tech can be.
Liquidity Providers will reap the following benefits from this fully loaded masterpiece:
- An interested bearing token in sFTMx
- A boosted token in FTM (now yvFTM)
- No impermanent loss when sFTMX & FTM pair
- LP’s earn BEETS & SD (Stader’s native token)
- A dual rewarder contract
Marketing:
As we move closer to becoming the best DEX on Fantom we feel a responsibility to make sure that the community around us are well educated and well informed.
Over the coming weeks we will be making a considerable effort to develop various content streams to help drive awareness and education. You can expect to see changes in the Docs, more live events (TwitterSpaces, Firesides etc.) as well as, more interactive, educational content.
Furthermore there has been significant progress from the Business Development team and they are gearing up for a strong start to the quarter. From detailed process charts to fully fleshed partnership funnels, it’s safe to say the team are ready to rock.
Organisation Development:
We are in the process of setting up a dedicated growth circle, focused on merging the skill sets across the different circles, finance, marketing and business devlopmenet with one goal in mind — project 10x (p10x). This circle aims to take current marketing strategy to the next level and will work to integrate the current philosophies so that we can focus on the expansion of the protocol. The new circle met for the first already this week and you will see the work from them in the community town-hall in early June.
Dev:
The brilliance from the Devs never ceases to amaze. In their eternal quest for greatness they have been busy at work and have this to say:
- In the process of developing a 3 month roadmap specific to the Development circle to streamline major processes and drive technical innovation.
- Continuing to push the development of the boosted pools technology with a number of new compositions in the pipeline.
- Improvements for the “My Portfolio” page are still underway and are making progress.
- General bug fixes and security updates.
To close this week’s concerto, let’s take a moment to remind ourselves why we are here and what we are trying to achieve.
Below is an excerpt from our Manifesto, something we keep close to the undead heart:
“We have unfinished business and we dream of creating access to cutting edge wealth creation instruments for everyone regardless of socio economic status.
We exist to role model a behaviour that inspires others. We exist to build beautiful technology and communities that will contribute towards the greater good for both people and the planet.
We are on a mission to fill the DeFi world with love and innovation and we are here for the long haul. Dedicated to the very depths of our bony bodies, until our bony fingers bleed!”
The road to Vienna is one great adventure and we are stoked to be out here living. As the undead say: You only live Twice!
We wish you all the very best for the week ahead and look forward to seeing you soon!
Love as always,
Beethoven X
