Keep3rV1 is a decentralized protocol built on the Ethereum blockchain that aims to serve as a bridge between external jobs and Ethereum-smart contracts. It enables external users, referred to as "keepers," to provide their services to Ethereum contracts in exchange for rewards in the form of the project's native token, KP3R.
Keep3rV1 essentially acts as a marketplace for keepers, connecting them with smart contracts that require their services. Keepers can perform various tasks such as fetching external data, executing operations off-chain, or other functions that smart contracts might need assistance with. In turn, keepers are compensated for their services with KP3R tokens.
The protocol's architecture is designed to ensure the security and effectiveness of the system by utilizing a decentralized network of keepers who validate each other's work. Keepers must fulfill certain requirements, including maintaining an adequate token balance, ensuring network uptime, and maintaining a good reputation within the system.
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