Partnership
Source: Notion | Last edited: 2023-03-08 | ID: c54bf2df-a79...
Greetings, esteemed Algo-Trading Strategy Researchers!
EonLabs is cognizant of your exceptional abilities and the importance of your work. We are here to offer a range of support services to assist you in your endeavors, allowing you to focus on the tasks that truly matter, rather than wasting your talents on tasks that could easily be performed by others. With the assistance of EonLabs, you will surely excel in your field and be able to concentrate on what is most crucial. We wish you the greatest of success.
To find out more about how we profit share with you, read Profit Sharing.
Primary support for crypto futures ATSR:
Section titled “Primary support for crypto futures ATSR:”- Research data, e.g. OHLCV of different time frames, tick by tick trade, historical snapshot of limit order book
- Trading sub-account with existing capital
- Integration to API of crypto exchanges
- Research & trading execution infrastructure, e.g. Amazon Web Services
Supplementary administrative support for crypto futures ATSR:
Section titled “Supplementary administrative support for crypto futures ATSR:”- Legal, e.g. compliance, accounting, privacy
- Reputation, e.g. press release
- Expense, e.g. additional 3rd party tools, helpers
Why do I want to partner with EonLabs?
Section titled “Why do I want to partner with EonLabs?”- Non-Compete. EonLabs is a small group of data enthusiasts who thrive on taking advantage of market inefficiencies in the cryptocurrency market by trading on a few select exchanges (e.g. Binance.com). We have no interest and no need to diversify our attention to other markets in the near-term future (i.e. 36 months); therefore, we agree to confine all our service coverage in the selected cryptocurrency exchanges only. Since most time series researchers are doing research in the regulated markets, EonLabs will explicitly agree to not enter some of the markets that the researchers are active in for the longer-term period (i.e. 60 months).
- Anonymity. Researchers may choose to remain anonymous by signing agreement under a pseudonym and communicating through secured email (e.g. ProtonMail) and receive compensation through USD Tether and even privacy cryptocurrency (e.g. Monero, Zcash).
- Maintenance. Since the cryptocurrency market is still highly unregulated and its technical development is still at its infancy, technical integration is constantly evolving, which needs the attention of software engineers who are already skilled in the space. EonLabs relies on the well-lubed integration between machine learning models and the order execution environments. We eat and breathe the crypto markets, so we’re going to keep your models in the best possible shape in the LIVE market.
- $$$. EonLabs’ audited performance (for details, read Pitch Deck) in the crypto industry can assure its leading AUM status in the crypto space, provided that we continue to perform well. And we are your best partner in crypto space to get the highest gain for your models!
Multi Party Mutual Confidentiality Agreement
Section titled “Multi Party Mutual Confidentiality Agreement”It is meant to be signed before we start engaging with researchers who need to maintain anonymity.
https://docs.google.com/document/d/1siuX3eSpeq3blU8UPPmgUL3VnpLyYsMRHjVQhog_qwE/edit?usp=sharing is at the following link:
https://docs.google.com/document/d/1siuX3eSpeq3blU8UPPmgUL3VnpLyYsMRHjVQhog_qwE/edit?usp=sharing
Funded Sub-Account Partnership Outline (template English only)
Section titled “Funded Sub-Account Partnership Outline (template English only)”https://docs.google.com/document/d/1c_pR7-C_Et9Co0mIlejumiMI2snG-cjWCLMQk33HJC8/edit?usp=sharing
https://docs.google.com/document/d/1c_pR7-C_Et9Co0mIlejumiMI2snG-cjWCLMQk33HJC8/edit?usp=sharing
The bulk of this Google Docs is devoted to providing an overview of the organization as well as our preferred method of approaching the collaboration. The last section of the document is the partnership agreement, which includes a breakdown of the respective roles and responsibilities. You are more than welcome to study the text in its entirety, make comments on any part of it, and add to your terms and conditions. If there are any edits or supplemental terms, we will do our very best to include them into this document as general additions. This will ensure that all partners are subject to the same standards and policies. We adhere to the philosophy that the success of all funded sub-account partnerships may indeed be quantified to the greatest extent possible.
Salary Compensation & Other Perks
Section titled “Salary Compensation & Other Perks”EonLabs prefers hiring full-time employees to work together because It is a simpler kind of partnership and can offer better focus for everyone. Therefore, we encourage researchers to voice their thoughts in terms of full-time employment first before exploring other options. EonLabs employees are all working from the comfort of their own homes in a decentralized manner.
We will try our best to match your expected full-time base salary!
Apart from weekly Zoom meetings, we collaborate tightly on Slack, Jira, Confluence, Google Drive and other tools that may enhance our productivity. We believe we can make our researchers feel both financially rewarded while enjoying a more relaxing lifestyle by working anywhere in the world.
But if full-time employment is not an option, we still would like to explore other methods to work with qualified researchers, such as on a part-time basis, advisory, and/or royalty.
How big is my paycheck?
Section titled “How big is my paycheck?”Since our past trading advisory performance has been averaging a monthly 40% return so we believe the overall compensation for everyone that works with us can be more than satisfactory. Having said that, we do offer competitive salaries if benchmarked against other software engineering positions. It is just not something we like to emphasize because machine learning researchers can get very high base salaries (i.e. independent from trade performance) in the bigger tech companies nowadays. Our base offer is unlikely to be able to match theirs.
We hope to form associate partnerships with researchers in the long run. That is, we envision a relatively egalitarian organization so that every associate researcher can have access to the basic infrastructures of EonLabs to seek their trading alpha and gain timely exposure of the validated model to our fast growing HNW and institutional client base.
I have a full-time job that I can’t quit for now. Can we still work together?
Section titled “I have a full-time job that I can’t quit for now. Can we still work together?”Yes, we can work with you on a part-time or advisory basis, even if your time is really constrained (e.g. 30 mins per day).
Essentially, your role would become a research project manager, focusing on the project requirements, lifecycle, resources allocation and its performance assessment. We’ll hire research assistants for you to do the legwork.
**Time-Based Assistant: **You specify the requirements of research assistants and we hire them for you. If they are paid by the clock, you will interview and assess their qualifications before they’re hired. Once the assistants are onboard, you give them work directives and review them. We will help coordinate their work schedule and use employee monitoring tools (e.g. TimeDoctor) to make sure that they’re putting in the time to do the work that you ask.
Gig-Based Assistant: If the work can be broken down into individual gigs, we will assist you in drafting the requirements and hire the gig workers. You can evaluate the work done once they’re finished.
Part-time collaboration might need more time to get fully looped in, but we are fully prepared to see it through!
How can a researcher ensure that EonLabs keeps its promise?
Section titled “How can a researcher ensure that EonLabs keeps its promise?”- **Covenant Strength. **When people mention covenant strength, they are referring to the consistency of a tenant’s revenue from a real estate property lease. EonLabs is “leasing” a researcher’s property in several ways. However, unlike physical estate, managing intellectual property is more difficult. As a result, it is necessary to demonstrate that EonLabs has sufficient covenant strength. We are doing all possible steps, but we welcome researchers to offer further approaches to alleviate their concerns. Even better, researchers are encouraged to express their worries without being required to give a plausible remedy. We are more than happy to assume full responsibility for devising answers to their concerns.
- Legal & Social Proof of Integrity. R&D and intellectual property management is the core of our business; and we highly value and respect everyone else’s. Apart from signing the traditional kind of partnership agreement, EonLabs’ management will offer qualified researcher Efficient Perceived Integrity Building & Declaration on a regular basis (e.g. quarterly) so that partnering researchers can have the peace of mind that credit is given where credit’s due. (A sample of an EPIB & Declaration can be viewed here. It is a declaration that Terry Li, Director of Operations at EonLabs made. Significant witnesses, such as Terry’s mother, childhood friends, former business partners, academia and industry acquaintances are added to strengthen the covenant.)
- **Trustless System. **In the Efficient Perceived Integrity Building & Declaration, we seek to accomplish a comparable outcome to the Decentralized Autonomous Organization’s “Trustless System” (DAO). As a result, the last thing we will say to researchers is, “Oh believe us!” Instead, we are always seeking and embracing recommendations that will help EonLabs maintain its goodwill with researchers and incorporate them into our partnerships.
- Total Control of Domain Knowledge. We wish that our partnering researchers can feel relaxed to know that they are in total control of their domain expertise. All partnerships are domain specific and are exclusive to the individual researchers only. Unless we end our partnership amicably upon expiration after 60 months, whatever domain specialty that a researcher is working at is his/her own exclusive area of partnership with EonLabs. We will not be seeking or welcoming any other researcher to override existing domain experts. Currently occupied domain expertise: evolutionary algorithm (EA) & reinforcement learning (RL)
- Radical Honesty. EonLabs adapts Radical Honesty (RH) in issues dealing with partnering researchers. We cultivate environments that make sensitive and even personal topics mandatory. Researchers can rest assured that they’re in a safe space when communicating deep and even profound issues with us.
What if I’m just a Forex trader?
Section titled “What if I’m just a Forex trader?”📍 Recruitment Board 🔑 ** Guest Researcher Area (accessible by invitation only) **🔒
- [LOB Data on S3 🔏](/engineering/integrations/lob-data-on-s3/)- [Algo-Trading Books 🔒](/research/books/algo-trading-books/)🔆 External Links
- [**Link-in-Bio for EonLabs**](https://bit.ly/m/eonlabs)- [**Indeed Company Page**](https://ca.indeed.com/cmp/Eonlabs)- [**EonLabs.com Official Site**](https://www.eonlabs.com/)🍁 EonLabs acknowledges that the land on which we live and work is the unceded traditional territories of the xʷməθkʷəy̓əm (Musqueam Indian Band), Sḵwx̱wú7mesh (Squamish Nation), and səlilwətaɬ (Tsleil-Waututh Nation) and we are grateful for the opportunity to do so.