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.