Author: fengtality 0x352
Original Post Date: 7 Jun 2022
As described in the Trading Competitions idea, the heartbeat mechanism in Hummingbot that sends volume data to the Foundation may be utilized to measure how much traded volume a user generates. Therefore, the Foundation can run trading competitions that reward the community for trading on certain exchanges.
Currently, data collected by heartbeat is limited to aggregated USD volume by exchange . However if we add the name of the strategy as an additional data point collected, it would allow us to organize programs that reward users for using Hummingbot with certain strategies, especially user-generated ones. User-generated strategies have been a big focal area for us in the past. Last year, we organized hackathons with Gitcoin and dYdX that resulted in the Aroon Oscillator and Hedge strategies, and many users have created their own strategies and scripts.
Therefore, if the community supports adding strategy as an additional field collected by heartbeat and setting aside a pool of HBOT tokens for this purpose, the Foundation could track and reward users with HBOT on a monthly basis for using strategies created by other users.
Please let us know if you’re interested in participating in this type of program, either as a strategy creator or user.