So you've probably heard of Keep3r which did cause quite a buzz when it launched a couple of weeks back. Created by Andre Cronje , Keep3r is a decentralized network which allows projects to hire external devops/teams to execute jobs for them.
Before we look at Relay3r , let's just see how keep3r works briefly.
How Keep3r works?
A Keep3r is an external team/EOA/bot who executes a "job" which is a smart contract which tells them to perform a particular action. The Keep3r is then paid for executing the job in ETH/KPR or even other tokens depending on the job. For jobs with more financial risk , projects can ensure that keep3rs are required to keep a financial bond in the form of KPR tokens before they can execute the job.
KPR is the native token of the system.
-Drawbacks of Keep3r
You cannot transfer keep3r rights to other addresses.
Bonding delay is long ie 72 hours.
Introducing RELAY3R - Developed by akshaynexus
RELAY3R network is a fork of KEEP3R created by blockchain developer, akshaynexus which brings certain improvements to it's predecessor.
RL3R is the native token of the relay3r network.
RELAY3R works the same way as KEEP3R, but has a few tricks up it's sleeve such as
- You can transfer relay3r rights to other addresses.
- You can approve relay3r rights to other addresses.
- Modify liquidity fee , bonding , unbonding and bonding delay.
With Keep3r , new users have to wait 3 days to form a bond. But 3 days is a long time to wait , but with Relay3r users can vote to increase or decrease the bonding period. This can be particularly useful if more people want to get into the network.
Since you can transfer relay3r rights , there can be a marketplace where you can buy/sell them. The rights could also be tokenized (ERC-721/NFT) via smart contracts which brings exciting prospects to the ecosystem.
It's been barely 2 days since relay3r launched and it's already showing signs of organic growth.
•Tokenomics
The RL3R token takes up the same role as the KPR token.
Ticker : RL3R
Total supply : 110,000
Circulating supply : 11,000
Holders : 146
Total Liquidity: $126,000
Volume : $164,000
RL3R contract address: 0xf771733a465441437ecf64ff410e261516c7c5f3
ETH-RL3R pair on Uniswap: 0xc930fedc53a8426203c9203079ca76d49f65b964
Upcoming developments on Relay3r:
Transfer of ownership of relay3r contract to governance contract
More developers to join the team
Additional jobs for relay3rs to execute
RL3R script guides for easy setup
RL3R network has a young and fast growing community which is gaining lot of momentum.
Relay3r website : https://relay3r.network/
Relay3r Discord group:
Twitter : https://twitter.com/Relay3r
Telegram: https://t.me/relay3r/
Github : https://github.com/relay3r-network
Relay3r , a community-driven low-cap gem with lots of potential for the future as more features get implemented. This is one token you should keep your eye on.
