Keep3r Network, the new DeFi project by yEarn founder Andre Cronje, has pulled in more than 1,000% in gains after which it corrected. Keep3r Network was launched days ago on GitHub.
On the Keep3r Network, users can apply for technical freelance jobs available in the blockchain industry. Users who have vacancies for technical roles can also post the available positions on the network. The official note on Keep3r Network said:
“There is no raise, there is no sale, there is no distribution, the supply starts at 0, to earn these tokens you need to register as a Keeper and perform work.”
CoinBriefing noted that Yearn Finance may use the network to source for development staff for itself in the near future.
On the 21st of October, Keep3r Network token KP3R started trading on Uniswap. The token rallied this week to $381 after a slow start when it began trading. Currently, KP3R has a market capitalization of over $37 million.
According to CoinGecko, the volume of tokens traded in the last 24 hours is more than $402 million.
In reaction to fears of an exit scam, Cronje deposited all tokens to a timelock contract. The transaction was done on the 28th of October.
Image Credits: PIxabay
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