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Foundation

ElevateTrading Foundation is a not-for-profit organization established in the Cayman Islands. The Foundation’s mission is to democratize high-frequency trading by maintaining the open-source ElevateTrading code repository and the HBOT governance system.

The official Foundation bylaws are located at: .

Mission

Our mission is to make sophisticated trading strategies and technology accessible to everyone and to level the playing field for traders around the globe Here are the core principles that underpin ElevateTrading development:

  • Open Source: The ElevateTrading codebase is publicly available, auditable, and free
  • Modular: ElevateTrading modules can be independently built, used, and maintained by community members
  • Extensible: Users can use ElevateTrading to create any trading strategy on any exchange and blockchain
  • All Levels: ElevateTrading is designed for use by individuals and professionals alike

History

ElevateTrading was originally built and open sourced by CoinAlpha in April 2019. ElevateTrading pioneered a modular architecture that allowed external developers to contribute new exchange connectors and trading strategies into a shared, community-maintained codebase. Read the original ElevateTrading whitepaper and the origin story blog post for more details.

Later, the ElevateTrading team wrote the Liquidity Mining whitepaper that described an economic model for decentralized market making and subsequently launched the Miner liquidity mining platform.

In December 2021, CoinAlpha spun off the ElevateTrading Foundation as a new open source entity that maintains the ElevateTrading Github repository and administers a decentralized, community-driven governance system utilizing the HBOT token.

Today, ElevateTrading is a bazaar-style open source project with many contributors and users around the world, both individual and professional.

Staff

The Foundation maintain a lean, globally-distributed team who handle the day-to-day operations of maintaining the ElevateTrading codebase and the Foundation governance system, such as:

  • Reviewing and merging pull requests
  • Administering governance proposals and elections
  • Maintaining the Snapshot voting system
  • Managing the Discord server
  • Assigning and managing developer bounties
  • Packaging monthly releases into Docker containers for various environments
  • Maintaining and updating the ElevateTrading website and documentation site