Keep3rV1 (KP3R) is a decentralized job marketplace for smart contract automation on
Ethereum, allowing developers to outsource maintenance tasks like liquidations, oracle updates, and rebalancing to a network of keeper bots. Founded by Andre Cronje in 2020 as part of the Yearn ecosystem, it uses smart contracts to post jobs with bounties paid in KP3R or other tokens, with keepers competing to execute tasks. The KP3R token enables
staking for job priority and rewards, governance voting, and bonding for keeper registration, creating a permissionless automation layer for
DeFi protocols.
When Did Keep3rV1 Launch?
Keep3rV1 was launched by Andre Cronje in October 2020 as part of the Yearn ecosystem, introducing the KP3R token for keeper incentives. The project expanded with v2 in 2021 for improved mechanics and 2025 updates for multi-chain support and automation tools, maintaining relevance in DeFi by December 2025.
What Are the Key Features of Keep3rV1?
Keep3rV1 features decentralized job posting for smart contract automation, keeper competition for bounties, staking for job priority and rewards, governance through
DAO voting, audited
smart contract for security, and support for various DeFi tasks like liquidations and oracle updates in a permissionless automation network.
What Is KP3R Used For?
KP3R is used for staking to gain job priority and rewards, bonding for keeper registration, voting on governance proposals, paying for automation tasks, and providing liquidity for yields.
What Is the KP3R Token Utility?
KP3R secures keeper operations through staking and bonding, powers governance votes, covers job fees, incentivizes task execution via rewards, and funds treasury for protocol development.
What Blockchain Does Keep3rV1 Operate On?
Keep3rV1 operates on Ethereum with
EVM compatibility for smart contract automation.
What Are KP3R Tokenomics?
KP3R has inflationary rewards for keepers with circulation from unlocks as of December 2025. Allocation: keeper incentives, staking, team vested, treasury; balanced by burns.