What is Keep3rV1?
Keep3rV1 is a decentralized platform designed to connect projects requiring DevOps assistance with external teams or individuals, known as keepers. It facilitates job execution through a trustless system while maintaining transparency and fairness.
- Keepers execute tasks ranging from basic transaction calls to complex off-chain processes.
- The platform enables smart contracts to register as jobs, which keepers can then fulfill.
- Compensation for keepers is managed through credits, either provided by tokens or earned via staking liquidity.
Role of Keepers
Keepers act as independent entities executing jobs in the network.
- Keepers can include bots, scripts, or externally owned accounts (EOA).
- They earn rewards in tokens or the native KP3R for completing tasks.
- Some jobs may require specific criteria, like bonded tokens or tenure.
Governance Framework
Keep3rV1 governance ensures minimal overhead and focuses on essential oversight.
- Responsibilities include managing disputes, approving liquidities, and adjusting protocol parameters.
- Governance addresses disputes only when necessary, maintaining a decentralized ethos.
kLP Tokens and Liquidity
Keep3r Liquidity Provider Tokens (kLP) incentivize users to provide liquidity to the network.
- Liquidity providers receive kLP tokens by contributing to approved pools.
- kLP tokens can be burned to recover the original liquidity.
- Fees generated by liquidity provision support protocol governance.
Project Developments
Keep3rV1 has introduced major upgrades to enhance functionality and user experience.
- Multi-chain support and cross-chain communication via Connext data bridging.
- Updated UI and smart contract templates for streamlined onboarding.
- Security audits and enhanced profitability for keepers.
Other Projects in the Fantom Ecosystem
- Scallop: integrates DeFi and traditional banking, promoting mainstream cryptocurrency adoption.
- Circuits of Value: bundles multi-blockchain assets into Ethereum-based NFTs.
- NEXO: enables crypto trading, borrowing, earning, with benefits for token holders.
Keep3rV1 Price Analysis
As of January 15 2025 Keep3rV1 has a marketcap of $12M.
This is {{percentagefromath}} from its all time high of $1.99553K.
In terms of its tokenomics, there's a total supply of 516K with 100% currently outstanding.
Keep in mind Keep3rV1 has a fully diluted value of $12M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
