PRESS RELEASE. Keeper Finance is a decentralized finance protocol that’s impressed by job matching protocol Keep2r which is DeFi model 3.0. It’s designed to be a lite model of Keep2r and is a extra versatile and worthwhile protocol.
Keeper Finance presents a decentralized platform that connects builders with initiatives groups to execute jobs.
Keeper Finance makes use of a novel mechanism that ensures that jobs are executed and job takers are rewarded promptly inside its blockchain ecosystem. To realize this, Keeper Finance makes use of a job matching idea whereby job takers referred to as Keepers register for jobs.
These contracts (jobs) are designed to be executed by keepers and as soon as registered could be acted upon by keepers on the Keeper Finance blockchain.
How Does Keeper Finance Work
Keeper Finance is absolutely decentralized and members are concerned within the creation and execution of sensible contracts (Jobs). All that’s required for a employee is to register as a keeper and the method can solely be carried out by bonding KFI tokens.
The bonding course of takes 24 hours after which a registered consumer is activated as a keeper. As soon as this course of is accomplished a timestamp is registered on the Keeper Finance blockchain community.
Creating jobs is versatile and straightforward to carry out on the Keeper Finance. There are two completely different strategies with the primary by way of the Keeper Finance contract. This permits a job proprietor to register a job after which a pending governance vote is positioned for the job specified by the tackle within the operate arguments.
Keeper Finance customers even have a restrict for a job request each 13 days when utilizing a selected tackle. The second technique is by way of governance whereby a proposal is submitted and contains the contract as a job. If governance is approve the sensible contract registers as a job that may be executed by keepers.
Funds are made by utilizing the utility native token KFI which could be transformed to different ERC-20 tokens on fashionable Dex like Uniswap.
KFI token
Keeper Finance is powered by its utility token KeeperFI (KFI). KFI is used to provoke bonding and in addition for the fee of rewards on the Keeper Finance platform. It’s an ERC-20 token constructed on Ethereum and presents comparable attributes to Ether.
KFI has a restricted market provide of two,000,000 tokens that might be produced by the DeFi protocol. The distribution of the tokens is as follows: 65% will probably be supplied in a PRE-SALE IDO. Whereas 10% will probably be made obtainable as a part of its liquidity pool, 10% will probably be saved apart for growth, 10% for promotion respectively whereas the remaining 5% will probably be distributed to the founding KFI workforce and locked for six months.
KFI has additional use instances other than being the utility token of Keeper Finance and could be staked for rewards or exchanged on decentralized exchanges together with Uniswap.
In conclusion, Keeper Finance is an bold DeFi undertaking that goals to simplify the job matching course of. It presents quicker bond creation time, extra tokens and decreased keeper job working time.
You’ll be able to learn extra in regards to the undertaking on its web site. The PRE-SALE IDO of KFI is presently ongoing with 500,000 KFI tokens obtainable on the market at 0.0014 ETH per unit.
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