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Epoch 1

  • Start: Feb 1, 2022
  • HIP cutoff: May 31, 2022
  • End, PRP cutoff: 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

HBOT Guidance

In requesting HBOT grants for Hummingbot Improvement Proposals (HIPs) related to a community-approved Dev Grant Budget, developers may need guidance in determining how much HBOT to request for unit of time/effort spent on a given task.

For Epoch 1, the Hummingbot Foundation believes that 20,000 HBOT for one day of work is a reasonable amount for an experienced developer to request for a valid HIP. However, developers are free to request more or less than this amount in their proposal.

Epoch 1 Budget allocation

HBOT allocation

Approved Proposals Amount Voting Status
HGP-2 5,000,000 Approved
HGP-4 1,000,000 Approved
HGP-5 2,000,000 Approved
HGP-6 1,000,000 Approved
HGP-7 2,500,000 Approved
HGP-8 3,000,000 Approved
HGP-11 2,000,000 Approved
HGP-13 225,000 Approved
HGP-14 1,000,000 Approved
HGP-15 2,000,000 Approved

Total HBOT allocated on Epoch 1: 19,725,000

HBOT still available for Epoch 1 Distribution: 10,275,000

Epoch 1 Review

At the end of Epoch 1, Hummingbot Foundation team will publish a full review of everything that happened, including highlights and relevant statistics.

Last update: 2022-04-22
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