Loopring Ecosystem Advancement Fund
Loopring Ecosystem Advancement Fund, or LEAF, was set up to reward contributors to the Loopring project and invest in blockchain technologies and DEX projects. LEAF has multiple sub-funds.
Incentivize community contributors, including social media managers and advocates, crypto influnceners, as well as designears and developers. All candidates (exclude developers) must submit their monthly contribution reports to receive token rewards; developer contributions will be evaluated based on their pull requests.
Invest in DEX and related projects and companies. The core team of candidates projects or companies must be full-time and dedicated, and have to go through our due diligence processes.
As of Feb 14th 2018, LEAF is valued roughly 182 million USD. LRN and LRQ have not been publicly tradable but their estimated initial price are $0.5~$1.0 (LRN and LRQ’s max supply are both exactly 1/10 of the max supply of LRC).
All contributors need to submit monthly reports to summarize their contributions to qualify for LEAF rewards. They shall agree that these reports can be made publicly available for the community or third-party for evaluation. LEAF may not pay for small or ad-hoc contributions, and prefers to incentivize long-term and dedicated community contributors.
Our current relayer implementation persists orders and some other data to hard disks (using database such as MySql). We would like to try a different architecture based on event-sourcing frameworks such as Akka Persistence. Event-sourcing builds in-memory states from event logs and thus may achieve a much higher throughput. With the help of Event-sourcing Views, caching and read-write separation will also be easier.
We prefer golang, Scala, and Java for this alternative implementation.
For all exchanges, centralized or decentralized, market-making is very crucial for providing liquidity, which is an important part of user experience. We call developers to write tools for detecting signals, and execute different trading strategies. Our goals include:
Providing liquidity without price manipulation;
Providing liquidity without losing money;
Providing liquidity for both centralized exchanges and DEX using Loopring Protocol.
The ring browser should be highly responsive so people can view the Loopring Transaction or rings with different mobile devices. This browser should also be embeddable for third-party mobile apps.
Loopring rings should be visualized in the browser in such a way that order owners can easily figure how their orders were filled, and ring-miners can easily understand how they have been paid by each successful trade.
We need volunteers to manage the following Telegram channels:
https://t.me/loopringfans (Simplified Chinese)
To received the reward, you’ll be interviewed so we can be sure you truly understand how Loopring works and its ecosystem. Please make sure you read our docs and white-paper before you contact email@example.com or firstname.lastname@example.org.
We want to reward selected videos that explain how Loopring Protocol works, its potential impact to token exchanges, etc., based on the the video’s quality, duration, language, and number of viewers. We rate videos with drawing and animations higher than those interview type videos.
We also want to have cool and fun artworks, such as logo animations, high definition images and posters, etc. We are not going to set up competitions any more but you can submit your artworks to email@example.com anytime you want.
We need to make it clear that NOT ALL artworks submissions will be rewarded, but only those that we really like and will use.
If you want to contribute, please feel free to contact us. If you have contributed already, please follow the instruction on GitHub to submit your monthly report.