Hummingbot Bi-weekly #28

Open Beta test for Liquidity Mining, 0xpo 2020, and more

Hummingbot Bi-weekly #28

Welcome to the Hummingbot Bi-weekly, your regular dose of updates about new features πŸ€–, upcoming events πŸŽ‰, and announcements from our rapidly expanding community πŸ‘ͺ! Subscribe to never miss any new issue.

As mentioned in our last bi-weekly update, we have moved to a 4-week release schedule for the Hummingbot open source software client. The next release (v0.23.0) is expected to be out on Monday, Feb 10.

πŸš€ Liquidity mining Open Beta kicks off next week!

Our entire team has been working incredibly hard on the data, back-end, and front-end infrastructure to support the upcoming liquidity mining launch. This is a huge engineering challenge because we have to collect order book data from both centralized and decentralized exchanges, aggregate the data and pipe it in real-time to the Hummingbot Miners web app, and automate payouts using Ethereum. Getting this system to work in a robust, performant, and scalable manner is hard.

The system is almost there, but we need more time to solve performance bottlenecks and conduct testing for an extended period of time before launching with real token payouts.

Therefore, we are announcing new dates for the commencement of open beta and production launch of Liquidity Mining. We believe that this extra time will enable us to solidify the infrastructure and provide the best experience for our partners and liquidity miners alike. Thanks for your understanding!

We will provide more information about how to participate in the open beta this week.

New launch schedule

  • Open beta: February 3, 2020
  • Production launch: March 2, 2020

😎 Hummingbot is joining 0xpo 2020

Hummingbot is excited to join the 0xpo 2020 in the early February. We’ll have an exhibition booth set up on the second floor, and our Co-founder and CEO Michael Feng will be joining the Market Making on Decentralized Exchanges panel in the afternoon.

0xpo is an invite-only event. However, the host 0x is giving away a handful of tickets to its community members. If you are interested, enter for a chance to win -

🍿 Crypto snacks

A curated list of recently-published content about crypto trading, #DeFi, and other topics that might be interesting for Hummingbot users and developers

πŸ¦‘ Have you had a chance to go through our Roadmap 2020? In 2020, our main focus is to prove that liquidity mining offers a better liquidity solution for projects and exchanges while enabling anyone to earn a healthy yield on their crypto holdings. Read the full Roadmap blog post.

πŸ§€ According to TokenInsight, annual spot exchanges trading volume in 2019 amounted to US$13.8 Trillion, and US, South Korea, and Russia are the countries with the top 3 monthly average number of independent users on industry-wide exchanges. Read TokenInsight’s Cryptocurrency Spot Exchange Industry Annual Report 2019.

🌯 Deribit Insights answered your question on why maker/taker fees on exchanges are structured like that? Read Maker & Taker Fees on Crypto Exchanges: A Market Structure Analysis.

πŸ’¬ Get involved!

Download | Website | Β Blog | Twitter | Discord | Forum | YouTube | Meetup