Keep3rV1Price

(KP3R)

Keep3rV1 is a decentralized marketplace designed to connect projects requiring external smart contract execution with "Keepers" who perform those tasks. It functions as a decentralized job board for the Ethereum ecosystem. Its primary purpose is to automate "if-this-then-that" tasks within DeFi protocols, ensuring that essential functions—such as liquidations or rebalancing—occur automatically without a centralized team having to trigger them manually.

Keep3rV1 was created by Andre Cronje, the founder of Yearn Finance. While other managed automation services exist in the market, Keep3rV1 distinguishes itself by being more permissionless and decentralized. Instead of a managed service, it acts as a raw registry where any developer can register as a Keeper and any project can post jobs. This provides a flexible, on-chain infrastructure for developers who prioritize decentralized solutions over managed alternatives.

To become a Keeper, users must "bond" their KP3R tokens to the network. There is a mandatory 3-day bonding period before a user becomes an active Keeper. This is not a passive income tool; it requires technical expertise. Most jobs involve running custom bots or writing scripts using standard blockchain development tools to monitor network activity and trigger transactions. Keepers must also manage gas costs, as they are responsible for the execution fees of the tasks they perform.

Keep3rV1 implements security measures regarding the movement of tokens to protect the network. When a user initiates the "Unbond" process, there is a mandatory 14-day unbonding period. During this time, tokens are held within the contract and are not available in the user's wallet. Similarly, new bonds require a 72-hour "Pending Activation" window. Users should avoid interacting with the unbonding contract during the 14-day lock, as certain actions can inadvertently reset the timer.

The KP3R token serves three main functions: governance, rewards, and reputation. It is used to coordinate the decentralized network and compensate Keepers for their contributions. Furthermore, it acts as a reputation metric; projects can set requirements so that only Keepers with a specific amount of KP3R bonded can execute their jobs. Higher bonding amounts typically grant access to more prestigious or higher-paying tasks and can provide gas-related advantages for the Keeper.

Keep3rV1 is built on open-source code and has undergone security reviews. However, the project was launched with a "test in production" philosophy, meaning users should understand the inherent risks of interacting with decentralized smart contracts. Regarding support, as a decentralized project, there is no traditional customer service department. Users seeking help or guidance should visit the official community channels, such as the dedicated sections within the Yearn Finance community or the project's official GitHub repository.