Frontend Operators

Introduction to Frontend Operators

Frontend Operators play a crucial role in the HLiquity ecosystem by providing a web interface for end-users to interact with the unmutable HLiquity protocol. They bridge the protocol and the users, facilitating transactions and ensuring a smooth user experience.

Becoming a Frontend Operator

Anyone can become a Frontend Operator. There are two primary ways to set up a frontend:

1. Launch Kit: You can download the launch kit from GitHub. This is typically used by power users or those looking for a good frontend starting point.

2. SDK: You can use the technical documentation (SDK) and the middleware library to create your frontend application. This is usually the choice for wallet and integrator services looking to integrate the HLiquity protocol into their existing platform.

Rewards for Frontend Operators

Frontend Operators are rewarded with a share of the HLQT tokens generated by their users. The amount each party receives is determined by the Kickback Rate set by the Frontend Operator, which can range between 0% and 100%. A higher Kickback Rate makes the Frontend Operator more attractive to users. However, a well-designed interface and additional functionalities might allow for a lower kickback rate while still garnering user interest.

Frontend Tags

Frontend Operators can tag deposits facilitated by their interface and specify the percentage of HLQT "kickback" to their users. The revenue generated by a frontend grows proportionally with the total amount of HCHF deposited by its users to the Stability Pool.

Conclusion

Becoming a Frontend Operator in the HLiquity ecosystem is a rewarding endeavor that contributes to the protocol's decentralization and offers a share in the generated HLQT tokens. By understanding the responsibilities and benefits of being a Frontend Operator, you can make an informed decision about participating in the HLiquity protocol.