Keep3r surges by 31,600% after its launch on Uniswap

Keep3r surges by 31,600% after its launch on Uniswap

A few days ago we had reported how Yearn Finance founder Andre Cronje had announced his new project on Github, not opening to much fanfare on Twitter as he has refrained from it. And now when his new project Keep3r has out surpassed everyone’s performance expectation it is receiving a lot of attention. 

YFI protocol’s Andre Cronje’s new project has reached dizzying heights after it was launched on the decentralized trading platform Uniswap. In the beginning, Keep3r traded at just over $1.00 on Uniswap, but the digital asset stormed its way up to a new high of $381.27 increasing by 31,600%. By trading the asset, the investors and traders have shown immense confidence in it and the developer who is behind it. Keep3r network is a keeper network on a decentralized platform for projects that need external DevOps and for external teams to find keeper jobs. 

A Keeper is a connotation for an external person or a team of individuals that executes a particular job right from being extremely simple to being very complex also. The new network’s Github page also showcases more about the project which will apparently provide an additional option and set of criteria to ensure the right person is linked to the right job. 

“You can specify a minimum bond, minimum jobs completed, and minimum Keeper age required to execute this function. Based on these three limits you can define your own trust ratio on these keepers.”

The freelancers will be given the fixed payment in the form of KPR after the job will be completed to the required levels. Even those who post jobs will get their share of KPR by providing KPR-WETH liquidity in Uniswap. When KPR was launched there wasn’t much written about it on social media, but when it was launched the value of KPR soared high by over 2500%. The performance of Keep3r after its launch on Uniswap has surely left the traders nonplussed about how it is exceeding expectations but Ethhub founder Anthony Sassano asked the traders to be cautious as they poured in millions of their money into the project. He even shared a chart of the price jumps of KP3R,

Source: Twitter

The chart shown by Twitter is a 5-minute jump chart which is just speeding on a high note like no one’s business here. Such an astronomical rise can lure investors towards it and many of them could also put in their investment just by looking at the chart without going through its whitepaper. The obligatory warning from Anthony is for safety purposes urging the crowd to invest and enter wisely. One Twitter user Jozef Jesko caught the attention of several users with his tweet:

“Yearn Deployer owns 98.17% of Uni LP tokens (ETH/Keep3r pair). If he exits now, he would get 7468 ETH and 20157 Keep3r which he could sell for 4360 ETH. Total profit = 7468+4360-700= 11128 ETH”

The project looks promising enough as it comes from the mighty brains of Yearn which itself is a hugely successful venture by Andre Cronje. 

A few days ago we had reported how Yearn Finance founder Andre Cronje had announced his new project on Github, not opening to much fanfare on Twitter as he has refrained from it. And now when his new project Keep3r has out surpassed everyone’s performance expectation it is receiving a lot of attention. 

YFI protocol’s Andre Cronje’s new project has reached dizzying heights after it was launched on the decentralized trading platform Uniswap. In the beginning, Keep3r traded at just over $1.00 on Uniswap, but the digital asset stormed its way up to a new high of $381.27 increasing by 31,600%. By trading the asset, the investors and traders have shown immense confidence in it and the developer who is behind it. Keep3r network is a keeper network on a decentralized platform for projects that need external DevOps and for external teams to find keeper jobs. 

A Keeper is a connotation for an external person or a team of individuals that executes a particular job right from being extremely simple to being very complex also. The new network’s Github page also showcases more about the project which will apparently provide an additional option and set of criteria to ensure the right person is linked to the right job. 

“You can specify a minimum bond, minimum jobs completed, and minimum Keeper age required to execute this function. Based on these three limits you can define your own trust ratio on these keepers.”

The freelancers will be given the fixed payment in the form of KPR after the job will be completed to the required levels. Even those who post jobs will get their share of KPR by providing KPR-WETH liquidity in Uniswap. When KPR was launched there wasn’t much written about it on social media, but when it was launched the value of KPR soared high by over 2500%. The performance of Keep3r after its launch on Uniswap has surely left the traders nonplussed about how it is exceeding expectations but Ethhub founder Anthony Sassano asked the traders to be cautious as they poured in millions of their money into the project. He even shared a chart of the price jumps of KP3R,

Source: Twitter

The chart shown by Twitter is a 5-minute jump chart which is just speeding on a high note like no one’s business here. Such an astronomical rise can lure investors towards it and many of them could also put in their investment just by looking at the chart without going through its whitepaper. The obligatory warning from Anthony is for safety purposes urging the crowd to invest and enter wisely. One Twitter user Jozef Jesko caught the attention of several users with his tweet:

“Yearn Deployer owns 98.17% of Uni LP tokens (ETH/Keep3r pair). If he exits now, he would get 7468 ETH and 20157 Keep3r which he could sell for 4360 ETH. Total profit = 7468+4360-700= 11128 ETH”

The project looks promising enough as it comes from the mighty brains of Yearn which itself is a hugely successful venture by Andre Cronje.