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Beethoven X · closed proposal
BIP-116: Beets Gauge Voting Modification and Buyback Programme
Voters
19
BEETS voted
32.52M
Token price
—
AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
32.52M / 4.00M BEETS(813%)
✓ Quorum met
For32.20M (99.0%)
Against317.08K (1.0%)
Abstain0 (0.0%)
32.52M BEETS · 19 votersblock 78127200
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
5 votes > 5% VP0x28aa…0108
14d ago · voted For
71.5%
13.70M VP
0xa5d8…aa40
13d ago · voted For
28.9%
9.02M VP
0x43c4…a89d
14d ago · voted For
96.4%
5.27M VP
0x5a7e…940a
13d ago · voted For
12.1%
2.64M VP
0xe66b…37be
14d ago · voted For
99.7%
192.63K VP
Full proposal
Original markdown · Beethoven X
Proposal
Modify the Beets gauge vote with the aim of minimizing BEETS token inflation and introducing a BEETS buyback programme.
Motivation
The current BEETS gauge vote mechanics have remained relatively unchanged for some time. Gauge votes take place every two weeks, with 420,000 BEETS distributed as LP farming rewards based on the gauge voting results.
By reconfiguring and optimizing the gauge vote, it should be possible to achieve a BEETS tokenomics model with close to zero net new emissions.
Regarding current inflation, approximately 7.6M BEETS tokens were distributed in Q1 2026. …
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