Epochs
The Hummingbot Foundation is an experiment in creating a self-sustainable open source ecosystem. We plan to iterate and improve on this distribution process via Epochs.
Each Epoch is a fixed period that are basically long agile sprints, after which the Foundation will conduct an open retrospective and strengthen internal processes for the next Epoch.
Epoch 1¶
- Start: Feb 1, 2022
- End: June 30, 2022
- Goal: Distribute 30 million HBOT tokens
The last day to submit Hummingbot Improvement Proposals (HIPs) requesting a share of Dev Grant Budgets is May 31, 2022, and the last day to submit Pull Request Proposals (PRPs) linked to approved HIPs is June 30, 2022.
| Category | Total HBOT Available | Target Number of Grants |
|---|---|---|
| Liquidity Distributions | 15,000,000 | 10 platforms |
| Dev Grant Budget | 10,000,000 | 50 dev grants |
| Initiative Budget | 5,000,000 | 5 initiatives |
After Epoch 1, the Foundation conducted a retrospective and enacted a number of changes to the governance process. Specifically, the Foundation decided to start the following initiatives:
- Start the Exchange Certification initiative
- Create more structure around the Bounties process
- Start a developer bootcamp Botcamp
Epoch 2¶
- Start: August 1, 2022
- End: December 31, 2022
- Goal: Distribute 30 million HBOT tokens
| Category | HBOT Allocation |
|---|---|
| Dev Grant Budget | 15,000,000 |
| Liquidity Distributions | 5,000,000 |
| Community Work | 10,000,000 |
After Epoch 2, the Foundation conducted a retrospective and decided to enact the following changes to improve the governance process:
- Change epoch cadence to from bi-annually to quarterly
- Start Polls to make HBOT governance easier
- Cease setting per-epoch HBOT distribution targets
Epoch 3¶
- Start: January 1, 2023
- End: March 31, 2023
See Epoch 3 Polls Recap for more information.
CEX Connectors¶
- Binance
- Kucoin
- Gate.io
- AscendEx
Crypto.com, Kraken, LBank, Bitget, Bybit, NDAX, Coinbase, Bitmart, Bitfinex, Binance US, Bittrex, Huobi, AltMarkets, HitBTC, Bitmex, ProBit Global, OKX, WhiteBit, MEXC
DEX Connectors¶
- Uniswap
- PancakeSwap
- SushiSwap
- dYdX
TraderJoe, QuickSwap, OpenOcean, Pangolin, Defira, Perpetual Protocol, MM Finance, Defi Kingdoms, Loopring, Ref Finance, VVS Finance
Core Strategies¶
Avellaneda Market Making, UniswapV3 LP, Hedge, Cross-Exchange Mining, Perpetual Market Making, Aroon Oscillator, Liquidity Mining, TWAP, Spot Perpetual Arbitrage
Epoch 4¶
- Start: April 1, 2023
- End: June 30, 2023
See Epoch 4 Polls Recap for more information.
CEX Connectors¶
- Binance
- Kucoin
- Gate.io
- AscendEx
Bitget, MEXC, NDAX, OKX, Bybit, Bitmart, BTC-Markets, WhiteBit, Kraken, AltMarkets, Bittrex, Crypto.com, Bitmex, LBank, Huobi, Coinbase, Binance US, Bitfinex, HitBTC, ProBit Global
DEX Connectors¶
- Uniswap
- Quickswap
- Traderjoe
- dYdX
Pancakeswap, MM Finance, Ref Finance, VVS Finance, Sushiswap, Defi Kingdoms, Defira, Loopring, Perpetual Protocol, Pangolin, OpenOcean
Core Strategies¶
Perpetual Market Making, Spot Perpetual Arbitrage, Hedge, Avellaneda Market Making, Liquidity Mining, Cross-Exchange Mining, UniswapV3 LP