Keep3r Network

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. The scope of Keep3r network is not to manage these jobs themselves, but to allow contracts to register as jobs for keepers, and keepers to register themselves as available to perform jobs. It is up to the individual keeper to set up their devops and infrastructure and create their own rules based on what transactions they deem profitable.

A Job is the term used to refer to a smart contract that wishes an external entity to perform an action. They would like the action to be performed in "good will" and not have a malicious result. For this reason they register as a job, and keepers can then execute on their contract.

To join as a Keeper you call bond(uint) on the Keep3r contract. You do not need to have KPR tokens to join as a Keeper, so you can join with bond(0). There is a 3 day bonding delay before you can activate as a Keeper. Once the 3 days have passed, you can call activate(). Once activated you lastJob timestamp will be set to the current block timestamp.

A job can be any system that requires external execution, the scope of Keep3r is not to define or restrict the action taken, but to create an incentive mechanism for all parties involved. There are two cores ways to create a Job;

If you prefer, you can register as a job by simply submitting a proposal via Governance, to include the contract as a job. If governance approves, no further steps are required.