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You Are Here: Coinworldstory » DEFI » Keep Network Defi Coins Review – The Safe Way to Earn with your Bitcoin

DEFI

Keep Network Defi Coins Review – The Safe Way to Earn with your Bitcoin

Cws Team
Last updated: 11/05/2023 3:34 PM
By
Cws Team
ByCws Team
One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He...
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Keep Network Defi Coins Review - The Safe Way to Earn with your Bitcoin
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About Keep Network Defi Coins

Keep Network Defi Coins is an incentivized network for storing and encrypting private data on the public blockchain. The network is made of off-chain containers for private data known as keeps, while the KEEP work token enables it to be completely permissionless. Keep solves the main problem holding back blockchain adoption: that data on public blockchains are public. With Keep, developers can finally build fully decentralized apps. Visit Keep to learn more and stake, and tBTC to see its power in action.

Keep Network Defi Coins , a Bitcoin bridge on Ethereum, is the first application built on top of the Keep network. It is an open-source project supported by groups including Keep, Summa and the Cross-Chain Group. tBTC is a fully Bitcoin-backed ERC-20 token pegged to the price of Bitcoin. It facilitates Bitcoin holders acting on the Ethereum blockchain, accessing the DeFi ecosystem, and earning with their Bitcoin.

KEEP is the network’s native work token with dividends and a slashing model. It provides the sybil resistance that allows the Keep network to be censorship resistant and permissionless.

Quick Fact About Keep Network Defi Coins

Coin Basic Information
DEFI Coin Name Keep Network Defi Coins
Circulating Supply457,260,200 KEEP
Total Supply1,000,000,000
Contract Address 0x85eee30c52b0b379b046fb0f85f4f3dc3009afec
Source CodeClick Here To View Source Code
ExplorersClick Here To Visit
Twitter Group Click Here To Visit Twitter Group
DocumentationClick Here To View
Project Location N/A
Official Project Website Click Here To Visit Project Website

Price

Keep Network price today is $0.213378 USD with a 24-hour trading volume of $1,328,647 USD. Keep Network is down 11.89% in the last 24 hours. The current CoinMarketCap ranking is #241, with a market cap of $97,569,168 USD. It has a circulating supply of 457,260,200 KEEP coins and a max. supply of 1,000,000,000 KEEP coins.

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What Makes Keep Unique?

When it comes to dApps and DeFi projects…the team shouldn’t have the keys. The Keep Network features off-chain containers for private data called keeps that give smart contracts deep interactivity with private data without compromising transparency or auditability.

tBTC, the first application built on the Keep Network, is censorship-resistant because it uses keeps to store data. Each TBTC token is fully backed and matched by at least 1 BTC held in reserve. tBTC is trustless, using Keep’s random beacon to select “signers” who are bonded in ETH and have responsibility for the deposited BTC. This means you can convert TBTC to BTC, and vice-versa, whenever you want, with no intermediary needed to sign off.

Where Can They Get Keep (KEEP)?

You can earn Keep Network Defi Coins by staking on the network today, and joining our ETH only stakedrop launching soon. You can also earn by participating in Playing for Keeps, which lets people learn to stake and win KEEP by contributing to the community. In order to qualify your submission for Playing for Keeps prizes, you must join our [Discord server](. Join the server to learn more about staking on the network today and participating in the public stakedrop soon.

KEEP is also available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available. Uniswap Matcha Mooniswap Curve Balancer New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

Build with tBTC

tBTC is a fully Bitcoin-backed ERC-20 token pegged to the price of Bitcoin. It facilitates Bitcoin holders to act on the Ethereum blockchain and access the decentralized finance (DeFi) ecosystem. tBTC is an open-source project supported by groups including Keep, Summa and the Cross-Chain Group.

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tBTC Security Model

tBTC is designed as the safe way for people to use Bitcoin on Ethereum. Different projects take differing approaches to security

Developers: How to Integrate tBTC into your DeFi dApp

Keep Network Defi Coins is the easy way to add Bitcoin to your dapp, making it accessible to BTC holders and unlocking user growth. By integrating TBTC…

Individuals: How to Use the tBTC dApp

This is a step-by-step guide for using the tBTC dApp. To start, you need to: Make sure you have Metamask installed. Get some ETH from…

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Safer System

Because it makes for a safer system, which is very important in DeFi especially at the launch of a new network. ETH is a more safe collateral type because it’s the DeFi standard, and the team working on tBTC has plans to shift the ETH/BTC collateralization ratio from 150% to 135% fairly soon after launch. It is also examining new mechanisms that could bring that ratio down to 40% collateralization later on.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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