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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 6

Detail Date
Start October 1, 2023
End December 31, 2023

Epoch 6 Polls RecapHGP-45 Governance Changes

CEX Connectors

Binance
Gate.io, Kucoin, Huobi
Ascendex, OKX, Coinbase, Kraken, BTC-Markets, Phemex, HitBTC, Bitfinex, Bitget, Bitmex, BIT, MEXC, Bybit, Bitmart, NDAX

DEX Connectors

dYdX
Dexalot, Polkadex, Injective Helix
Uniswap, Pancakeswap, Sushiswap, Plenty, TraderJoe, Perpetual Protocol, Quickswap, OpenOcean, Pangolin, Mad Meerkat Finance, Ref Finance, Tinyman, VVS Finance, XSwap, Vertex

Chain Connectors

Ethereum
Avalanche, Binance Smart Chain, Polygon
Injective, Harmony, Tezos, XDC, Algorand, Cosmos, Cronos, Near

Epoch 5

Detail Date
Start July 1, 2023
End September 30, 2023

Epoch 5 Polls RecapHGP-43 Governance Changes

CEX Connectors

Binance
Kucoin, AscendEx, Gate.io
OKX, Huobi, AltMarkets, Phemex, BIT, Kraken, Bybit, Bitmart, NDAX, Coinbase, Bitfinex, HitBTC, Binance US, MEXC, BTC-Markets, Bitget, Bitmex

DEX Connectors

Uniswap
dYdX, PancakeSwap, Dexalot
TraderJoe, Sushiswap, Pangolin, Tinyman, Injective, Quickswap, Mad Meerkat Finance, Ref Finance, VVS Finance, XSwap, Defira, OpenOcean, Loopring

Core Strategies

Pure Market Making (PMM), Cross Exchange Market Making (XEMM), AMM Arbitrage
Avellaneda Market Making, Liquidity Mining, Perpetual Market Making, Spot Perpetual Arbitrage, UniswapV3 LP, Cross-Exchange Mining, TWAP, Hedge

Epoch 4

Detail Date
Start April 1, 2023
End June 30, 2023

Epoch 4 Polls Recap

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

Pure Market Making (PMM), Cross Exchange Market Making (XEMM), AMM Arbitrage
Perpetual Market Making, Spot Perpetual Arbitrage, Hedge, Avellaneda Market Making, Liquidity Mining, Cross-Exchange Mining, UniswapV3 LP

Epoch 3

Detail Date
Start January 1, 2023
End March 31, 2023

Epoch 3 Polls Recap

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

Pure Market Making (PMM), Cross Exchange Market Making (XEMM), AMM Arbitrage
Avellaneda Market Making, UniswapV3 LP, Hedge, Cross-Exchange Mining, Perpetual Market Making, Aroon Oscillator, Liquidity Mining, TWAP, Spot Perpetual Arbitrage

Epoch 2

Detail Date/Info
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 1

Detail Date/Info
Start Feb 1, 2022
End June 30, 2022
Goal Distribute 30 million HBOT tokens
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

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.

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