Dear Liquidity Community,

Finally, as stay-at-home orders began to lift across the world and lockdown is gradually relaxing, we hope that you are passing this period safely and healthily.

We’re very close to approaching the open-sourcing of our main software stack –  a goal we’ve been working forward to since the start of the project. In its anticipation, we’re excited to share that we’re planning on offering a donation program to those of you who plan to offer and maintain the operation of a Liquidity Network hub. After all, this project is a decentralized, community run project, where we can only collectively win.

Supporting up to three hub operators

If you choose to launch and maintain a mainnet Liquidity Network hub, we plan to donate 1000 USD per month of operation to support the growth of your hub. While our documentation works best for Ethereum, you’re free to choose any other EVM based blockchain of your choice.

Our donation is conditional on your hub being active (i.e. offering at least 90% of availability for transaction processing, measured by a watchdog), the hub accepting LQD as a means of payment (similar to our hubs), the hub not shutting down, and on you deploying a Liquidity Network wallet app on Android (which is also planned to go open source soon). The planned support period for hub operators is up to 6 months. We further plan to engage and possibly incentivize successful hub operators afterwards, if they choose to launch a TEX (exchange) instance.

How can I launch a hub?

To simplify the process of operating a hub, we’ve compiled a set of guidelines and videos. Here you can for example find a short video on how to launch a hub, which takes just about 5 minutes.

How do I apply to the program?

Please do send your application to contact@liquidity.network, including your CV, short motivation, possibly github links, or prior experience regarding devops, blockchain or security. Feel free to reach out anytime in case you have any questions. The application deadline is the 1st of August 2020.

DISCLAIMER: Timelines and roadmap details mentioned are subject to change. Please look for our official communication on liquidity.network and subscribe to our update emails. There is a lag on uploads. This message is not an endorsement or recommendation for Liquidity Network, any cryptocurrency, or investment product. Neither the information nor any opinion contained in this message constitutes a solicitation or offer by the creators or participants to buy or sell any securities or other financial instruments or provide any investment advice or service.