About the coin

The Hummingbot Governance Token (HBOT) is a standard ERC-20 Ethereum token that empowers its holders to participate in the governance of the Hummingbot Foundation. This foundation is a not-for-profit entity that oversees the decentralized maintenance and governance of the Hummingbot codebase. The HBOT token plays a crucial role in enabling token holders to influence decisions regarding changes to the Hummingbot codebase.

Main features

Hummingbot is recognized as the leading open-source crypto trading bot, widely used by both individual and professional traders, as well as developers. Its modular architecture allows users to independently build and maintain connectors, strategies, and other components. This flexibility has led many users to modify and customize the Hummingbot software to suit their specific needs. The codebase is freely accessible and is available under the Apache 2.0 open-source license.

How it works

The Hummingbot software is designed to facilitate automated trading in the cryptocurrency market. By leveraging its open-source nature, users can create custom trading strategies and integrate them with various cryptocurrency exchanges. The governance aspect, powered by the HBOT token, ensures that the community of token holders can propose and vote on changes to the software, thereby maintaining its relevance and adaptability in the fast-evolving crypto landscape.