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2 years ago
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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.
Try our free KeeperDAO (ROOK) portfolio tracker if you want to efficiently keep track of your ROOK and other coin/token investments.