Effective Date: ________________
Agreement Between:
1.1 This Escrow Agreement ("Agreement") establishes the terms and conditions under which the Sponsor will provide funds to be held in escrow by the Foundation for the purpose of funding the building, maintenance, and governance of a new Exchange Connector as specified in Section 4
1.2 The Foundation will act as the administrator and escrow agent, holding the escrowed funds until the Exchange Connector passes quality assurance standards.
1.3 This Agreement covers both the initial development of the Exchange Connector and one (1) year of maintenance and governance support following successful integration of the Exchange Connector into the Hummingbot codebase.
2.1 The Sponsor agrees to deposit 10,000 USDC in aggregate("Escrowed Funds") to the Foundation's designated wallet(s), as per the timeline set out in Section 2.3:
0x60D581aEa0644e74df60c7555e5166d32665d6b6
0xE517b826a26B439eCE92f3220628eC007049d915
5bhQNYaDEwEqjcjsuRJRuGyqbchzcDtYK49e593Wuc8i
2.2 The Sponsor acknowledges that the Escrowed Funds shall be used exclusively for: