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KeeperDAO
$0.5446
0.03%
Open
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KeeperDAO Price Converter
KeeperDAO Information
KeeperDAO Supported Platforms
| ERC20 | ETH | 0xfA5047c9c78B8877af97BDcb85Db743fD7313d4a | 2020-11-01 |
About KeeperDAO
KeeperDAO is similar to mining pools for Keepers. By incentivizing a game theory optimal strategy for cooperation among on-chain arbitrageurs, KeeperDAO provides an efficient mechanism for large scale arbitrage and liquidation trades on all DeFi protocols.
Keepers borrow funds from a communal pool of compatible assets. Anyone can borrow from the pool to leverage on-chain opportunities. Profits from the on-chain opportunity are returned to the pool. Profits are distributed between Keepers and Liquidity Providers (LPs). Liquidity providers are anyone who deposits assets to the liquidity pool.