KeeperDAO — like a mining pool for Keepers. By fostering an optimal game theory strategy for collaboration between chain arbitrageurs, Keeper provides an efficient mechanism for large scale arbitrage and liquidation transactions across all DeFi protocols.
Contents:
Description of the KeeperDAO project
Keepers — the participants in the chain who manage liquidation, rebalancing and arbitrage on DeFi claims, spanning trade, lending and exchange. Keepers borrow from a common pool of compatible assets. Anyone can take a loan in the pool to use the opportunities within the chain. The profit goes to the participants and the Liquidity Providers (LPS).
KeeperDAO can help to capture any opportunity on the Ethereum chain. This could include liquidating a position in Compound or dYdX, hijacking a manufacturer's CDP, rebalancing a set basket or using arbitrage between Kyber and Uniswap. By joining KeeperDAO, both Keepers and LPS benefit from economies of scale. LPs benefit from joint capital and profits, while Keepers benefit from incentive partnerships.
Features of use:
| 1 | Using the Ethereum wallet, you can deposit funds through the dashboard home page to start making profits automatically. |
| 2 | You will also need some ETH to pay the network fees. Your balances are updated in real time as your assets grow. |
| 3 | Some of the arbitrage profits, captured by Keepers, come back to the liquidity providers. |
There are currently no fees, associated with using the protocol. Keepers, who initiate arbitration deals, pay the gas fees, associated with that trade. With KeeperDAO, you will always be in complete control of your funds. There are no central intermediaries who hold your private keys. The operations that borrow funds from the liquidity pool depend on the yield within the same block. Thus, LPs pose no risk to Keeper's basic strategies.
Additional information
The site contains all necessary information about the project. There are no WhitePaper and RoadMap documents yet. A large FAQ section is available where answers to questions are posted.
There are next social networks:
- twitter;
- GitHub.
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