What is Keep3r Network (KP3R)? Job Seeker Network for Blockchain

Bittime - What is Keep3r Network (KP3R)? You could say, this network is a special 'job vacancy portal' in the blockchain realm. Blockchain project developers can look for 'workers' to carry out certain tasks, while on the other hand, these 'workers' can get rewards in the form of crypto tokens.

Still curious about Keep3r Network? This article will discuss what Keep3r Network (KEEP3R) is, from its meaning to its advantages!

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What is Keep3r Network?

Keep3r Network is designed to make it easier for blockchain projects and developers to submit work that can be completed by external parties, 'workers' called 'keepers'. This work usually takes the form of tasks that require automatic execution via smart contracts.

Also read: What is Doge Killer (LEASH)? The Dogecoin Hunting Dog

With Keep3r Network, blockchain developers don't have to bother doing things themselves that can be delegated. They can focus on project development, while execution matters are automatically handed over to the 'keepers'.

How Keep3r Network Works

• Blockchain projects that need help submitting work through the Keep3r Network.
• This work can be varied, for example transaction execution, crypto fund management, or asset liquidation.
• The 'keepers' who are interested in carrying out this task will receive rewards in the form of KP3R tokens.

Important to note: Keep3r Network is not intended for the average crypto user, but rather for blockchain project developers who need the automation of certain processes.

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Who is the Founder of Keep3r Network?

Keep3r Network was founded by Andre Cronje. He is a figure who is also known as the founder of Yearn.Finance , a well-known DeFi yield farming project.

Also read: What is Polydoge (POLYDOGE)? Dogecoin Meme Coin on the Polygon Network

How to Use Keep3r Network?

To use Keep3r Network as a 'keeper, you must have certain blockchain technical skills.

• First, you have to visit the Keep3r website and connect it to MetaMask, a digital wallet for crypto.
• Once connected, you can choose available jobs that suit your skills.
• Some jobs may require the 'keeper to hand over a certain amount of KP3R tokens as collateral.

How to Apply for a Job on Keep3r Network?

To apply for a job on Keep3r Network, there are two ways:

• Through the Keep3r governance application process: Submit your work proposal. If approved, the job will be listed on the Keep3r Network.
• Providing collateral for KP3R tokens: Add a certain amount of KP3R tokens to a specific approved liquidity pool on the Keep3r Network. This will automatically get your job listed.

What is KP3R Token?

KP3R is the native crypto token of the Keep3r Network. This token does not have a maximum number in circulation, but to create a new KP3R token, other crypto assets are needed as collateral.

KP3R comes in three forms:

• KP3R Standard: The basic form of the KP3R token. You can get it by providing crypto liquidity.
• Vested KP3R (vKP3R): KP3R tokens that are locked for a certain period of time. vKP3R gives you additional benefits in the form of liquidity mining fees, incentives and future emissions of new tokens.
• Redeemable KP3R (rKP3R): KP3R tokens that can be exchanged for other crypto assets on certain platforms such as Curve or Uniswap.

Keep3r Network Partner

Keep3r Network has partnered with several leading blockchain projects. Among them are Chainlink, Synthetix, and Alchemix.

Keep3r Network Advantages

• Makes it easy for blockchain developers to find 'workers' for task automation.
• Providing opportunities for others to earn crypto income with their blockchain expertise.
• The KP3R token system is flexible and integrated with various DeFi platforms.

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Conclusion

Keep3r Network is here as an innovative solution to overcome the need for automation in blockchain projects. With a network of skilled 'workers' and an efficient token system, Keep3r Network has the potential to become a key player in the future of blockchain technology.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn Complete Guide How to Buy Crypto on Bittime. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.