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Governance

Hummingbot Foundation's purpose is to empower Hummingbot Governance Token (HBOT) token holders to govern how the Hummingbot open source codebase evolves over time. HBOT holders can vote on Proposals that:

  • Approve pull requests to the Hummingbot codebase
  • Add or remove connectors from the codebase
  • Allocate HBOT bounties for connector maintenance and improvements
  • Re-elect the Foundation's Board of Directors each year
  • Make changes to the Foundation governance system

Governance Simplified - HGP-77 Approved

In January 2025, HGP-77: Simplify Hummingbot Governance was approved, consolidating 4 proposal types into a single Hummingbot Governance Proposal (HGP) type, removing quarterly polls, and streamlining the governance process. Key changes:

  • Single proposal type: All proposals via hbot.eth Snapshot space
  • Unified parameters: 200,000 HBOT minimum balance, 5,000,000 HBOT quorum
  • Faster process: 2-day discussion + 3-day vote (~5 days total)
  • No more quarterly polls: Connector management through ad-hoc proposals
  • Streamlined Board: Annual budget approval instead of quarterly meetings

See the full proposal: Proposal: Simplifying Hummingbot Governance

Governance FAQ

Learn more about the HBOT token and how the Hummingbot governance system works in this HBOT governance FAQ!

Pages in this section include:

  • Proposals: Hummingbot Governance Proposals (HGP) for all governance decisions
  • Whitepaper: Published in December 2021, this document explains the Foundation's principles and organizational structure

Governance Forum

Discord contains various channels that users can use to discuss proposals and governance topics:

  • #governance: Chat about general governance topics
  • #hbot-token: Chat about the HBOT token
  • #proposals: Create and view threaded discussions about Proposals

HBOT Tracker

Hummingbot Foundation maintains a public Google Sheet that provides an overview of the Foundation governance process:

  • Current HBOT circulating supply and how it is derived
  • Current Foundation wallet balances
  • Approved Hummingbot Governance Proposals (HGP)
  • List of HBOT distribution transactions and recipients
  • Annual financial statements

HBOT Tracker