Color Block Ponchellini
From the pattern description:
This miniature version of our international hit, the Eyelet Ponchini, uses 3 colors of bamboo in a gradient. The color shifts are made smooth by stranding a similar gradation of Extra Fine Boucle in 2 colors. This project makes a great traveling companion both on the needles and when completed. Create one for everybody on your gift list.
This pattern was available as an exclusive Limited Edition StevenBe KnitCrate in July 2013.