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The on-chain liquidity underwriter KeeperDAO V1 master network has been activated

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KeeperDAO is a protocol that economically incentivizes DeFi applications involved in managing clearing, rebalancing, and arbitrage, involving trading, exchange platforms, and lending.

Rhythblockbeats news, July 18, chain liquidity underwriter KeeperDAO officially announced that v1 main network has been launched. throughhereAccess.

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In order to make the incentive mechanism of the two stakeholders (managers and investors) in the KeeperDAO system consistent, the platform token is expected to be issued for the following purposes:

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1. Buyback: part of the total profit in the pool is used to buy back and burn the token. As a mechanism for distributing profits to those working for the system; Either by providing liquidity, or through co-operative clearing and arbitrage.

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2. As a governance token to manage the distribution ratio between profits and token buyback and to vote for the new system proposal.

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KeeperDAO is a protocol that economically incentivizes DeFi applications involved in managing clearing, rebalancing, and arbitrage, involving trading, exchange platforms, and lending.

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Text link:https://medium.com

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