Category: Dev Grant Github Handle: https://github.com/yourtrading-ai Ethereum Wallet: 0xD8A5E4f0E1Cb6Fbf6B8ac2b956E5e80A0F00C002 Total HBOT Requested: 1,500,000 HBOT Estimated Dev Days: 50 person days HBOT Per Day: 30,000 HBOT

Summary

A bounty of 1,500,000 HBOT, half to be paid out on the Gateway PR and the other half when implementing the client-side functionality for easy deployment of scripts and strategies on the XRP Ledger DEX.

Motivation

While Ripple may not be of the same liberal taste as Ethereum or Bitcoin, we believe this connector to be a boon to the Hummingbot community and especially the Foundation. If successful, we expect to see widespread use of Hummingbot in the Ripple ecosystem, as Hummingbot seems to have piqued interest at Ripple Labs, as well as large volumes from the resulting FX trade. We hope to make Hummingbot more attractive for institutional investors with this addition to the codebase.

Implementation

We plan to release two PRs, one for the complete Gateway implementation (following Solana's & Serum's style of low-latency, CLOB connectors) and another one for the integration with existing Hummingbot strategies on the Client side.

As our team is currently working on the Solana integration as laid out here, we will focus on fully integrating Solana with pre-existing strategies before Ripple, so that we can be aware of potential pitfalls integrating CLOB DEXes with the Client.

The Ripple Ledger sports a built-in DEX functionality, which we aim to make accessible to Hummingbot users.