Beethoven X Profile picture
Jan 25 6 tweets 3 min read
A legendary $FTM sequel has commenced.

Primed to take the #Fantom world by storm, this renowned 70/30 act is definitely one to watch!

beets.fi/pool/0x56ad84b…

A Mini 🧵
2/ Showcasing the beauty of @Balancer weighted tech, this pool is unconfined by the 50/50 boundaries of typical liquidity pools.

A mystical show-stopper, let's break down why it's so special. 👇
3/ ✨ Minimize Impermanent Loss ✨

This 70/30 wonder exposes you to far less IL than a 50/50 counterpart.

In fact, in your typical 50/50, you'll experience ~29% more IL compared to this 70/30 pool when the price of Fantom goes up.
4/ ✨ Earn along the way ✨

If the price of $FTM doubles, the value of your LP will be 15% higher in this 70/30 pool compared to a 50/50!

And that doesn’t include any of the additional swap fees or incentives flowing to the pool.
5/ ✨ Greater profits with less APR ✨

If the price of $FTM were to double in a year, a 50/50 pool would need 21.04% more APR to make the same total return!

If the price doubled in a month, that 50/50 pool would need 252.48% more!
6/ Ridiculously mesmerizing, show-stoppingly spellbinding!

FOTO Act II is sure to blow you away.

The curtain has been drawn, and the show has started.

Now it's time to share the moment with the $FTM fam!

• • •

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More from @beethoven_x

Jan 20
A new world awaits, undiscovered and unexplored.

The Reliquary.

Part 1 of 4

A 🧵 Image
2/ Over the next couple of weeks, we’ll be launching a series of threads to cover the “ESSENTIALS” when it comes to Reliquary.

Part 1: The DeFi Dilemma
Part 2: The Rise of the Relic
Part 3: Revel in the Relic
Part 4: How to get started

You'll be a Reliquary wizard in no time!
3/ Part 1: The DeFi Dilemma

As with all Great stories, let’s start at the beginning.

Creation!

Developed by the @ByteMasons, the Reliquary arose as an innovative solution to combat one of DeFi's persisting problems - Mercenary Capital.

0xbebis.medium.com/defis-new-yiel…
Read 27 tweets
Nov 22, 2022
What’s a Sci-Fi movie without a sequel?!

Let’s shed some more light on the revolutionary @Balancer tech.

(Part 2)

A 🧵
Part 1 looked at how MetaStable Pools redefine how IB assets are traded.

In this thread, we will dive into:

🔹 Underlying composability of balancer tech
🔹 The innovation this unlocks
🔹 Sustainability for the future

Beethoven X is built for the future.

This means we are constantly looking ahead and seeking out innovative solutions.

Our platform needs to be FLEXIBLE and it needs to be ADAPTABLE.
Read 17 tweets
Nov 21, 2022
What happens when two staked $ETH giants meet the most efficient and flexible technology in DeFi?

@Rocket_Pool
@LidoFinance
@Balancer

A mini 🧵
2/ Are you looking for the most efficient place for your $ETH?

Look no further.

Staked $ETH + Balancer technology is a match made in heaven.
3/ Did you know that in almost every other staked $ETH pool your staked yield is leeched out by arbitrage traders?

Not ideal!

Discover why in the thread below 👇
Read 7 tweets
Aug 25, 2022
Are you missing out on DeFi's best-kept secret?

A mini 🧵
Ladies and gentlemen,

Weighted pools! 🏋️

Flexible. Personal. The most customizable thing in DeFi.

Here are 6 reasons why you should be paying attention. 👇
1) Changing the game.

Before @BalancerLabs released the innovative weighted pool, every liquidity pool had to be an equal 50/50 split between just 2 assets.

Weighted pools aren't confined by these rules and allow for customizable token weights with up to 8 different assets! 🤯
Read 10 tweets
Aug 24, 2022
Maestros,

A new proposal has been put up for a vote and it's all about SECURITY.

Tune in to learn more about: Bug Bounty Program V2!

Mini 🧵

1/10 Image
Security is a major priority for Beethoven X. Users can never be too safe and we strive for excellence in this regard.

At the beginning of the year, we joined in the Balancer Labs Bug Bounty Program to support a culture based on safety.

medium.com/balancer-proto…

2/10
The scope of the Balancer Bug Bounty included the following areas:

- Vault
- WeightedPoolFactory
- WeightedPool2TokensFactory
- StablePoolFactory
- Authorizer

3/10
Read 10 tweets
Aug 23, 2022
1/ A treasury proposal is up for a vote.

Here is everything you need to know.

A short 🧵 Image
2/ The Beethoven X treasury holds around $1.2 million in Protocol Owned Liquidity (POL)

Currently, this POL is held strictly on Fantom.
3/ A proposal has been put forward to diversify POL between the chains that Beethoven X operates on.

There are two stages to this proposal.
Read 14 tweets

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