The founder of the highly-successful yearn.finance (YFI) protocol, Andre Cronje, has launched a new crypto project that has managed to skyrocket while flying under the radar.
Cronje, who recently said that he was “done” with social media, unveils his new project dubbed as the Keep3r Network on code hosting platform GitHub. According to Cronje’s GitHub page, Keep3r Network is a marketplace where projects can look for users who can perform a particular job.
“Keep3r Network is a decentralized keeper network for projects that need external devops and for external teams to find keeper jobs…
A Keeper is the term used to refer to an external person and/or team that executes a job. This can be as simplistic as calling a transaction, or as complex as requiring extensive off-chain logic.”
Keep3r Network’s GitHub page also highlights that projects have the option to provide a set of criteria to make sure that they’re getting the right person for the job.
“You can specify a minimum bond, minimum jobs completed, and minimum Keeper age required to execute this function. Based on these three limits you can define your own trust ratio on these keepers.”
According to the GitHub page, freelancers will receive payment in the form of Keep3r Network’s Ethereum-based native asset KPR once the job is complete. Job posters can avail of KPR by providing KPR-WETH liquidity in Uniswap.
Although there’s very little hype surrounding the launch of Cronje’s new project, blockchain news agency ChainNews reports that the value of KPR has soared over 2,500% from $59 when it was first launched on Uniswap to $1,554.
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