Distribution refers to where newly emitted ROOK is sent. Generally speaking, governance controls the precise distribution of ROOK amongst users.
These developments go live 24 hours after the liquidity and arbitrage mining program ends.
The Hiding Game is the cooperation between users and keepers (arbitrage bots) to hide MEV (on-chain profit) by wrapping trades/debt in specialized on-chain contracts. It maximises the profits available from these opportunities by having priority access. The profits are then shared directly with the user as a reward for using KeeperDAO.
The HidingBook is a backend infrastructure component of the Hiding Game’s DEX trading feature. It is a virtual mempool which enables users and keepers to coordinate, capture, and distribute MEV.
Users, DeFi products, and keepers…
The mempool is a group Ethereum transactions that have been broadcasted to the network and are waiting to be mined into a block. A mempool service provides direct insight into a transaction’s life cycle. A transaction waits in mempool after being broadcasted by a user to a node. From there, the transaction will either be mined into a block, replaced by another transaction, or dropped by the network. A good mempool service will monitor this process for you for every single transaction in existence. You can learn more about the mempool here.
Traders analyze the Ethereum mempool to dramatically increase…
Take your arbitrage, liquidation, and tailgating operation to the next level with arbitrage mining on KeeperDAO. Not only will you be rewarded for the hard work that you’re already doing, but you’ll be participating in the very first trading pool on Ethereum.
KeeperDAO is an economic experiment that initially launched with an on chain liquidity pool and only one internal keeper bot. With the recent upgrade and launch of the ROOK token, all traders from around the DeFi ecosystem are now incentivized to join KeeperDAO as a keeper and reap its rewards.
This article outlines the functions of KeeperDAO’s native token, ROOK, its role in the protocol, and the initial ecosystem rewards program, which begins on November 3 UTC 07:00.
KeeperDAO is an economic experiment. Our whitepaper can be found here. Please be mindful that the project is constantly evolving, and whilst it has been audited, we encourage users to research and understand the risks involved prior to engaging with the protocol. Everything carries risk. Please exercise your own discretion when considering whether or not to participate.
The KeeperDAO system needs to align incentives for 2 stakeholders: liquidity providers and keepers. The…
As an alternative to minimizing profit by competing with each other, KeeperDAO incentivizes keepers to pool their liquidity and share their profits. By pooling liquidity, keepers are able to tackle larger opportunities than would otherwise be possible. By incentivizing collaboration, KeeperDAO is able to avoid the wastefulness of gas wars, and maximize the profit for everyone involved. Users (liquidity providers) are also able to deposit liquidity, and share in the profits generated by keepers.
To this end, KeeperDAO changes and evolves autonomously in response to the behavior of its keepers, using its ability to extract extra profit to fund incentive…
We’re excited to announce the mainnet release of KeeperDAO. KeeperDAO is a protocol that economically incentivizes pooled participation in keeper strategies which manage liquidations, rebalances and arbitrage on DeFi applications spanning trading, exchange, and lending.
Visit the dashboard here