Keep3rv1 is the native cryptocurrency of the Keep3r Network platform, which can be described as a decentralized marketplace for technical tasks. The key figure at the helm of this project is Andre Cronje, the founder of yearn.finance. Cronje’s involvement has heightened the project’s significance, especially considering the impact of yearn.finance’s cryptocurrency YFI, which made headlines in recent months by soaring above $40,000, marking a significant milestone.
What is KP3R Coin?
KP3R Coin is the native token of the Keep3r Network, used to reward participants referred to as “keepers” within the project. It’s also worth noting that Keep3rV1 (KP3R) is produced as a DeFi token.
Keep3r Network serves as a decentralized network of “keepers” for projects and external teams needing external intervention. In this context, a “keeper” can be translated as a “guardian,” denoting an external individual or team executing a task. A keeper’s role can range from simply calling a transaction to handling complex off-chain logic. The scope of the Keep3r network is not to manage these tasks independently but to allow contracts to be registered as jobs for keepers and enable keepers to register themselves to perform these tasks appropriately.
Additionally, the term “Job” is also used in the Keep3r Netowrk. A “Job” refers to a smart contract seeking an external entity to perform an action. They require the action to be carried out in good faith, without malicious outcomes. Hence, smart contracts register as “jobs,” and later keepers can execute these contracts.
Keepers can be bots, scripts, other contracts, or even EOA accounts that trigger events. When keepers execute a function, they are rewarded either in Ethereum (ETH) or Keep3rv1 Coin.
Furthermore, for a clearer understanding of the Keep3rv1 coin, it’s beneficial to look at the current figures.
According to CoinMarketCap, KP3R ranks 140th with a market cap of 42,744,285 USD. At the time of this writing, it trades at 213.72 USD against the dollar and 0.01580843 BTC against Bitcoin. It’s also notable that despite being relatively new, Keep3rv1 Coin hit a record high of 36.74 USD on October 28, 2020, and a low of 383.85 USD on October 29, 2020.
In addition, there are currently 200,001 Keep3rV1 (KP3R) coins in circulation.
KP3R Coin Review
The Keep3rv1 coin draws significant attention and commentary primarily due to the reputation of Andre Cronje, known for his successes with yearn.finance and the failure of the Eminence project. Consequently, the future of the Keep3rV1 (KP3R) project is a subject of great speculation.
Moreover, KP3R garnered considerable attention following its listing on Binance, exhibiting a remarkable 2,000% increase post-listing. However, some experts warn that this could be an exit scam, with Jozef Jesko speculating that the project could disappear with tens of thousands of Ethereum.
The future path of the project and its token remains a subject of keen interest.
How to Purchase KP3R Coin?
You can purchase Keep3rv1 Coin through Binance, the largest cryptocurrency trading platform in terms of market volume.
