Polkadex Orderbook is working on a Hummingbot exchange connector! Yesterday, the Polkadex team raised a pull request proposal (PRP) on Hummingbot’s Snapshot space to verify the Polkadex x Hummingbot exchange connector ⛓ The most avid cryptocurrency traders in the Polkadex community may already be familiar with Hummingbot, but for those of you who may not know, Hummingbot provides open source software that helps anyone run market making and arbitrage trading bots on CEXs and DEXs 🤓 A Hummingbot connector is integrated with the API of a crypto exchange (in this case Polkadex Orderbook) to enable high-frequency, two-way communication between the Hummingbot client and the exchange. A Hummingbot connector will allow you and fellow PolkadexOrderbook users to: 🤖 Run & build your own trading bots ♟ Select from a range of trading strategies 🌴 Sit back and watch your automated trades take place ⛏ Earn liquidity mining rewards ➕ And more! So, why connect Hummingbot to PolkadexOrderbook? 🤔 Aside from all the benefits of providing a trading bot connection for users, Hummingbot integration will also allow Polkadex & other liquidity providers to own their own liquidity, thus limiting reliance on market makers. In fact, freeing participants up and allowing them to design trading strategies and employ market-making bots will lead to increased liquidity in Polkadex Orderbook as a whole 💧➡️💦 So, that’s why we’re working to add Polkadex Orderbook to the open source Hummingbot codebase maintained by a community of devs and governed by HBOT holders! This will also ensure Polkadex’s connector is tested and is up to standard with existing Hummingbot connectors ✅ If you want to vote in favor of adding the Polkadex Exchange Connector to the Hummingbot codebase follow the steps below: 🪙 You'll need some HBOT (You can get some on Uniswap if you don’t have some already) ⚡️ Find the proposal in the Hummingbot space on Snapshot 🔌 Connect your wallet 🗳 Cast your vote in favor 🥳 The proposal has already surpassed the 49k votes required to meet quorum and is currently at 151k votes in favor 🥳 We’re excited about all the trading possibilities a Polkadex <> Hummingbot exchange connector will lead to and we can’t wait to see you use Hummingbot to optimize your trading on Polkadex Orderbook!