What Is the Keep Network (KEEP)?
KEEP is the native token of the Keep network. It powers the network and secures it from malicious attacks. Thus, it keeps the network permissionless and censorship-resistant. If you’re interested in the Keep Network price, check out the graph above.
Corbin Pon and Matt Luongo developed the Keep crypto project in 2017. They are also the founders of Fold, which is a Bitcoin rewarding application. In essence, Keep is a privacy layer. It allows users to store their private information on a public blockchain safely.
Besides, it provides developers with the possibility of creating fully decentralized projects. tBTC is one of the most popular projects created on Keep. tBTC is an ERC-20 token. However, it’s backed by BTC and pegged to its price. Therefore, it’s an Ethereum-compatible version of Bitcoin.
The Usage of KEEP tokens
First and foremost, KEEP tokens are important for anyone who wants to join the Keep network. You have to own Keep network tokens to become a member. The members of the network can earn rewards by completing various tasks. However, to be able to do that they have to delegate their KEEP tokens as collateral.
Though note that the Keep Network price tends to fluctuate due to various factors influencing the market. Thus, you should monitor these fluctuations to stay as informed as possible.
There are various tools that help with price monitoring, such as the chart above. It will help you keep an eye on the KEEP price and provide you with other details.
Besides that, Keep network coins can be staked. Though there are a few ways to stake them:
- Staking KEEP on the Threshold. You can upgrade your tokens into T tokens to stake them on the Threshold. Though you can also stake them on the Threshold in their original form;
- Staking KEEP in liquidity pools. You can provide liquidity by staking KEEP in various liquidity pools this way generating staking rewards;
- Staking KEEP in the coverage pool. By depositing your KEEP into the coverage pool, you’ll be able to secure the network and generate additional rewards.
Also, the Keep network has a few useful tools for KEEP tokens – Keep Token Dashboard and Keep Stats. The dashboard allows users to manage and stake their tokens, whereas the stats tool provides a summarized version of the KEEP price and the tBTC price statistics.
Besides, apart from earning KEEP by staking tokens in the Keep network, you can also participate in a gaming-like platform launched by the network called Playing for Keeps. Basically, users have to stake their tokens, and this way they can earn rewards.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
31.06K
Followers: 31,066
0.10%
Following
446
0.00%
Posts count
3,216
0.00%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
3.93K
Subscribers: 3,932
0.00%
Subreddit type
public
Moderators
6
0.00%
These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
2.28K
Members: 2,281
0.31%
Title
Keep Network
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
53 / 100
0.00%
Ahrefs Rank
475,875
0.98%
Organic Traffic (mo.)
106
0.95%
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
106
Type
Organization
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
-
Watchers
-
Forks
-
Language
-
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