KeeperDAO is a decentralised and coordinated Keeper commonwealth making the Ethereum network more egalitarian, profitable, and secure for all the actors involved.
Keepers are bots that observe Ethereum, and other general-purpose blockchains, to facilitate all sorts of transactions, such as arbitrage, liquidations, system upkeep, and auctions. Keepers have quickly become necessary actors in the Ethereum ecosystem as risk off-loaders. The introduction of these actors has created a complex situation, as they were never accounted for in Ethereum’s incentive structure. Currently, Keepers compete with each other in a zero-sum game, and, as a result, Ethereum has transformed into a highly adversarial environment where Keepers and miners fight to claim on-chain profits at the expense of DeFi users and protocols.