Hummingbot Foundation started conducting quarterly Polls to give HBOT holders a say in the allocation of the Foundation's engineering bandwidth and HBOT developer bounties across the various components of the Hummingbot codebase especially, which exchanges are included in the codebase, and how much maintenance effort we apply to each exchange.
Epoch 3 polls prioritizes maintenance of exchanges, strategies, and issues in the Hummingbot codebase
Recently, we finished the first set of Polls, a new initiative that lets HBOT holders decide how the Foundation allocates its engineering bandwidth and developer bounties across the components in the Hummingbot codebase. We believe regular Polls will ensure that we can continually improve the aspects of Hummingbot that are the most important to the community.
Below, we summarize the results of the Epoch 3 Polls and outline the changes we'll make over the next quarter.
Specifics on our governance roadmap for 2023, Epoch 2 retrospective, and Epoch 3 changes.
In our last governance post, we summarized Hummingbot Foundation's progress since we launched the HBOT governance token one year ago, as well as the lessons that we've learned about how to structure the governance process. In particular, the Foundations plans to start regular monthly Polls to allow HBOT users to decide how the scarce maintenance bandwidth would be allocated across various exchanges, strategies, and issues in the Hummingbot codebase.
As a follow-up, this post provides more specifics on our governance roadmap for 2023. This post also serves as the retrospective for Epoch 2 and outlines changes for Epoch 3.
This post provides a description of the technical changes that the Hummingbot Foundation plans to implement over the course of the next year. Note that these changes will be subject to HBOT governance and the approval of the Hummingbot community.
Since it was launched in 2019, the open source Hummingbot software client has grown and evolved considerably.
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Almost exactly one year ago, Hummingbot Foundation launched the HBOT token as an experiment in decentralized governance over a publicly shared, community maintained open source project.
Inspired by Linux, we believe that a bazaar-style, distributed model of software development, powered by a decentralized, community-owned governance token, would allow us to maintain and grow a large, complex, open source codebase like Hummingbot.
Here are some of our proudest achievements over the past 12 months:
Last month, we partnered with Gate.io to organize a Trading Competition for the Hummingbot community. The goal was to conduct an experiment to see if these types of promotions would be mutually beneficial for the Hummingbot community and the exchange itself.
Here are the results of the competition, which ran for one month from October 10 to November 10:
by Ben Smeaton
Hi! I've been using Hummingbot for about a year on and off and wanted to give an overview on how to actually go about defining your own strategies. I got into market making because of a hobbyist interest in python coding and I was at that time tinkering with buying and selling shares automatically on the stock market which was incredibly unsuccessful.
Hummingbot is very accessible for hobby coders due to its mainly python-based code base and the fact that its all open source (Meaning you can play around with the code). It's pretty easy to scrape together your own strategies although it�s taken quite a lot of trial and error to get there myself! I wanted to give a basic idea of how you can go about doing this in the simplest way possible.
by Tsalkapone
Crypto trading has been in a frenzy lately and many investors are looking for ways to participate in the crypto market. There are several ways to gain profit from cryptocurrency and various methods to do so. If you exclude crypto mining from the equation, which is a whole different method of crypto-acquiring process, the steps that one would need to follow to enter the crypto market are the following:
In this topic we will elaborate each of the steps mentioned above presenting the main aspects that a new trader should take into consideration before making a decision.
by Owen Hobbs
In numerous ways, markets can resemble the waves of the ocean. Both have peaks, bottoms, and ultimately return to a midpoint or sea level. The approach one takes to navigate the waves is largely dependent on the weather or market conditions affecting them. In this article, we are going to discuss a few of the ways someone using Hummingbot could navigate the various market conditions such as ranging, uptrend, and downtrend.
An order book is the list of orders that an exchange uses to record the interest of buyers and sellers for a particular financial market. A matching engine uses the book to determine which orders can be fully or partially executed.
Example of an order book on AscendEx where the prices in red indicate sell orders and the prices in blue indicate buy orders.