2020 was a game changer for Ethereum.

The vast majority of its success was fueled by #DeFi.

Here's what happened in 5 Tweets 🔽

1) Governance Tokens 🪙

Projects gave complete ownership of billion dollar protocols to their users, often using retroactive airdrops.

Early adopters earned tokens for past usage, and token-based voting now dictates all technical

2) Liquidity Mining ⛏️

Power users were the first to earn on-going distribution by providing liquidity.

$COMP sparked the wave, with $BAL coining the term a few weeks

3) Yield Faming 🌾

Projects coupled liquidity mining and governance tokens to boost 'yields' by combining lending rates with an incentive layer.

APYs peaked as high as 1M% during 'DeFi summer', leading to a 'food coin' craze like $YAM and

4) Fair Launches ✅

Who needs investment when you can launch using yield farming?

@iearnfinance debuted $YFI with no formal funding, seeding a community treasury for self-sustainability.

The notion of a core team and community became one and the

So wtf is Keep3r Network?

Thread on #KP3R and its role in governing the @kp3r_network devops coordination protocol 🔒

Keep3r Network provides a way for protocols to post 'jobs' - or smart contract call requests - to 'keepers' - or those willing to perform those tasks.

Think liquidations, fee collections, oracle calls or collateral unlocks.

Great explainer by @Ceazor7

If you need a job done constantly, Keep3r provides a way to post it on a public job board, and allow keepers to pay the gas to perform it in exchange for a reward.

Jobs can be paid in #KP3R, $ETH, or tokens like $AAVE

Existing Jobs at https://t.co/BgNscluKCc 🧠

The harder the job, the more sophisticated the keeper needs to be.

Jobs can require bonds, meaning a keeper needs to stake #KP3R to execute the task and collect their loot.

769 keepers have bonded 3115 KP3R (~$1M) to complete 4000 jobs.

h/t @zashtonEth

So who's using this?

Here's a case study from @Macarse on how keepers are unlocking @HegicOptions collateral for withdraws upon expiry 🌔

TLDR: Post #KP3R credits that are consumed by keepers as different options are