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DeFi Ethereum

What is KP3R token used for?

How the KP3R token works. The Keep3r network is a platform that can be used to incentivize anyone to perform certain actions for a smart contract.

KP3R token is


KP3R is the native utility token for Keep3r network.

KP3R token is used for


  • Reward Job Keepers
  • Governance.
  • Bond to perform jobs that appear to be high risk.

What is Keep3r Network


The Keep3r network is a platform that can be used to incentivize anyone to perform certain actions for a smart contract.

For example

  • Flash liquidations
  • Price feeds
  • Collecting yield harvests

How Keep3r network works


Keeper

Anyone can become a Keeper by calling the contract. You do not need any bond, but some jobs may require it.

Job

A job can be submitted either via governance or calling the contract. And can be anything that requires an external execution in relation to a smart contract.

Job credits

  • Payment to Keepers
  • Paid for directly by job creator.
  • Or by adding liquidity to KPR/ETH on Uniswap. Here you get the liquidity back – so it’s not an expense.

Token issuance


Current supply: 200,141 

Docs


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KP3R price


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