Introducing ReKeep3r
ReKeep3r is a fork of the Keep3rV1 — a decentralized coordination platform for connecting Jobs resulting from complex smart contracts with external entities ReKeep3rs that execute transactions in an automated manner.
📈Origin
Keep3r Network is without a doubt one of the more impactful projects to come to life this year. In the creators own words “Keep3r Network is designed as a decentralized coordination ecosystem for projects to find Keepers that will help with their upkeep.”
ReKeep3r Network is a fork that aims to provide largely the same services as the original released by Andre Cronje. What makes ReKeep3r Network special is the Maximum Cap of 100k tokens that can be issued by the owner. Thus eliminating any risk of increasing the token supply too much.
🕑Presale is Live @ https://app.bounce.finance/fixed-swap/4346
🎨 Protocol Design
In order for the DeFi ecosystem to continue to expand at the current pace smart contracts (SC) will grow ever more complex. Complexity that requires external interaction via triggering certain functions for the SCs. This is where the Keep3r Network comes in to play by creating the ecosystem for facilitating the interaction between the SCs through Jobs created by their owners and external accounts Keepers that submit various required transactions.
There are several uses cases already for automating tasks such as for:
- updating the underlying value of update() function of an Oracle
- calling the harvest() function for farms
- voting, triggering limit orders, executing liquidations, etc
💸 Mechanism
Projects that wish to have their duties performed in an automated manner need to submit their contract to the Keep3r Network, once the submission is approved by an already bonded Keeper, the tasks will begin to be fulfilled by Keepers that satisfy the required conditions of the contract in question.
ReKeep3r Network will largely perform the same way with the code for submitting a contract and approving it by a bonded ReKeeper.
However while in the Keep3r Network the job can be paid in ETH / tokens of the contract or via providing liquidity in the Rekeep3r Network we aim for all the payments to be made via Rekeep3s tokens.
👨🌾 Token Distribution
While we are aware that many of the users will opt for the original protocol we think that our value proposition of sticking with ReKeepers only payments in the ReKeep3r Network could sway some of the existing users to start migrating some of the jobs to our protocol and slowly starting to attract more and more capital.
Also there will be a max cap for the amount of tokens that can be minted increasing trust via this limitation but the actual supply can be varied within preset limits ensuring that the full functionality initially intended will be maintained
🔐 Security
Security is important to us and that is partly why we have maintained largely the same code as for the original project that is audited.
As we will start implementing changes and forking our way from the original implementation we are going to invite external auditors to validate our code.
🏁 How Can You Participate
You will be able to participate in the Presale or acquire tokens from Uniswap after listing. All the funds raised in the presale will be added on the Uniswap pool.
