Hummingbot Newsletter - July 2021

Shipped v0.41.0 release | AscendEX VIP fee structure for Hummingbot users | New DYP, PIVX, BitClout, DAO Maker, and Radix liquidity mining campaigns

Hummingbot Newsletter - July 2021

Welcome to the Hummingbot Newsletter!

Published each month when we ship a new Hummingbot release, this newsletter serves a regular dose of updates about our latest features πŸ€–, upcoming events πŸŽ‰, and announcements from our rapidly expanding global 🌐 community!

➑️ Subscribe to never miss any new issue.

πŸš€ Shipped Hummingbot v0.41.0!

We are very excited to ship the July 2021 Hummingbot release (v0.41.0) today! This release contains:

  • πŸ†• Spot connector:
  • πŸ†• TWAP Strategy
  • πŸ†• Avellaneda Market Making Feature: Hanging Orders

πŸ†• Rate Oracle Sources for KuCoin and AscendEX

🌊 Liquidity mining updates

Eight more AscendEX campaigns, $150K rewards

We have launched another eight eligible trading pairs for liquidity mining (Beta) on AscendEX! The newly added pairs are shown below:

Exclusive Rebate on AscendEX for Hummingbot users

New and existing Hummingbot users on AscendEX will be able to take advantage of a favorable VIP fee structure. The campaign offers a 0 bps Maker and 5 bps Taker fee for new and existing Hummingbot users on AscendEX.

Use the Hummingbot referral link to register your AscendEX account to enjoy the favorable fee structure.

New DYP, PIVX, BitClout, DAO Maker, and Radix liquidity mining campaigns

In the past month, we have launched new 12-week liquidity mining campaigns for DYP (Defi Yield Protocol) and PIVX. Encouraged by the initial results, DYP has increased its weekly reward to DYP 3,300, representing a 59% increase!

This month, we have launched a new 4-weekly campaign for BitClout on AsendEX with a US$25,000 reward pool, the BIGGEST for a single pair, and will be launching new campaigns for DAO Maker and Radix on July 20, 2021. Join early to earn bigger yields!

NEM, Symbol, and Frontier extended their liquidity mining campaigns

In June, NEM, Symbol, and Frontier have decided to extend their campaigns for 12 weeks. Keep mining, and earn rewards!

Liquidity mining: June recap

In June, we marked a major milestone by launching liquidity mining campaigns (beta) on AscendEX, our third supported exchange for Hummingbot Miner! In the first two weeks since the launch, more than 80 miners set up bots that traded over US$4 million and earned US$18,750 in rewards. This showcases the power of our community and how Hummingbot Miner offers a superior alternative to traditional market making.

The total filled order volume in June on Hummingbot Miner grew almost 6%, reaching a total cumulative value of approximately $2 billion!

πŸŽ™οΈ Latest Hummingbot Live episodes

Have you watched our latest episodes of Hummingbot Live, a weekly live-streamed show on our YouTube Channel happening every Friday (5:00 PM PT)? Check out the replays! πŸ‘‡

Don’t forget to subscribe to our YouTube channel and click on the bell πŸ”” to allow notifications. You’ll never miss any Hummingbot’s new videos and live streams!

We just launched our Twitch channel, where we will be live streaming bot testing occasionally and our weekly Hummingbot Live! Follow us, watch what we run, and have fun!

🍿 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‡ The DeFi space has grown increasingly popular in recent years, this crypto fund manager shares their thoughts on avoiding pitfalls in DeFi.