Keep Network
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๐Ÿ“ฃ We've got news! ๐Ÿ“ฃ
Starting June 8th, you can stake ETH and get KEEP! The stakedrop will run for 6 months and means the only requirement to become a tBTC signer is to have ETH.
๐Ÿ™Œ Help us bring BTC to DeFi๐Ÿค

๐Ÿ‘‰ Sign up here to participate

Plus, starting today until the stakedrop, we'll also be running an incentivized testnet called
๐ŸฐPlaying for Keeps๐Ÿ—ก
Itโ€™s a chance to learn to stake before the stakedrop, and win KEEP by contributing to the community.

Read more about it on the Keep blog ๐Ÿ‘€

Make sure to join the conversation and get your testnet node running in #staking in Discord - Join here!
๐Ÿ‘ฉโ€๐Ÿ’ปWe know youโ€™ve been wanting more details on our incentivized testnet game *Playing for Keeps.* ๐Ÿ‘€๐Ÿ‘€

Today weโ€™re giving you that in a blog post where we go over timelines, contributions weโ€™d like to see, and the amount of KEEP you could earn! ๐Ÿฐ
๐Ÿ‘‰Read more here๐Ÿ‘ˆ
๐Ÿ“ฃThe @StakingHub <> Keep AMA is starting *NOW*! ๐Ÿ“ฃ

Join here: http://t.me/StakingHub
Itโ€™s no surprise that the DeFi space is making a big move to support tBTC, and weโ€™ve now announced the partners supporting tBTC at launch: *over 40 industry leaders representing 75% of Ethereumโ€™s DeFi space.*

Weโ€™re pretty proud of the partner community weโ€™ve built up โ˜บ๏ธ

Check out the full details here!
TODAY! @ 11:00am EDT ๐Ÿ•š

๐ŸŽคCheck out Keep's CEO @mhluongo talk #tBTC with @twobitidiot on Crypto & COVID Daily from @MessariCrypto ๐ŸŽง

๐Ÿ‘‰ Link here ๐Ÿ‘ˆ
๐ŸšจNew Podcast Alert ๐Ÿšจ

Last week, Laura Shin took the time to sit down with Matt and dig into the Keep and tBTC projects in depth for โ›“Unchainedโ›“

Matt talks about his aspirations of uniting developer communities & why DeFi is #MillennialFinance (hint: because itโ€™s permissionless finance ๐Ÿ’…)

Check out Matt's episode of Unchained with Laura Shin here!
Consensys Diligence audited the Keep and tBTC code ๐Ÿ’ป and while they have shared the audit results publicly, we think this is a more valuable read ๐Ÿ‘‡

Wade Alexander details potential technical limitations of SPV proofs on Ethereum, how tBTC addressed these, and considerations for other projects building โ›“cross-chain interaction.

Check out the whole piece here ๐Ÿ‘€
While the pandemic is forcing many to stay home and causing non-essential businesses to grind to a halt, Keep ๐Ÿฐ is working remotely as usual and working to push tBTC to mainnet.

There is truly no better time to ship a product pushing a better financial infrastructure, and thatโ€™s what weโ€™re working to do. ๐Ÿ’ช
๐Ÿ‘‡
Read more here
The team has put a great deal of effort into detailing the issue that led to the deposit pause earlier this week. We are working with our audit partners to confirm the issue and resolution, and have outlined steps for improvement and future tBTC deployment.

Thank you all ๐Ÿ™ for your patience as we work to bring BTC to Ethereum. We hope that this accounting of this event demonstrates our commitment to overall security of funds๐Ÿ”’, and look forward to helping give your BTC additional functionality very soon.

Read the full report on the Keep blog
Security is our top priority building tBTC. A trust-minimized BTC/ETH bridge is only as valuable as users are confident.

To that end, weโ€™ve published our plan for bringing hardened tBTC contracts to mainnet. We are now moving to a release candidate model with a BTC hardcap that increases monthly as the contract is battle-tested and incident-free. We have added additional security audits as well as increased the maximum bug bounty reward by 10x to 1M KEEP. We will also be disabling the red lever after 12-months incident-free. The full details are in our blog post.

๐Ÿฐ Playing for Keeps ๐Ÿ—กcontinues as usual, and the Stakedrop event will still happen on June 8th.
๐Ÿ‘ We really like seeing independent pieces like this one from Alex Manuskin - a detailed look at the tBTC system and what differentiates it from custodial options like wBTC, as well as a look at the redemption issue uncovered last week. We also happen to agree with Alexโ€™s headline - tBTCโ€™s brightest days are ahead!๐ŸŒž

Have you written something you think we should see? Jump into our Discord server and link us!
Matt wrote a strong background piece on his motivations for creating Keep and tBTC back in March, and we think it provides some great context into why weโ€™re shipping tBTC, as well as some of the crypto philosophy behind the project. If you missed it the first time around, itโ€™s definitely worth a read! ๐Ÿ‘€

๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡
https://thesis.co/reflections-of-a-monetary-maximalist
๐ŸคWeโ€™re joining up with @CryptoradoCom to bring Keep and #tBTC to more buidlrs! Tonight at 6:30pm MDT @CReckhow will be presenting tBTC as money lego, a piece of DeFi, & how you can get involved.

Cryptorado is currently virtual, so you can tune in from anywhere ๐Ÿ—บ

Join the event here ๐Ÿ‘ˆ๐Ÿ‘ˆ
The submissions are in, and the judges have deliberatedโ€ฆ๐Ÿฅ

๐ŸšจOur first round of Playing for Keeps winners have been announced!๐Ÿšจ We received over 100 entries, and have allocated 1M KEEP tokens for the 53 winners this month! ๐Ÿ†

Dig into Mayโ€™s awards and find out what contributions were rewarded in our latest blog post ๐Ÿ‘ˆ๐Ÿ‘€๐Ÿ‘ˆ

If you missed entering or your submission wasnโ€™t chosen for a prize this round, Playing for Keeps is ongoing, so you're still able to contribute and earn KEEP. Join our Discord ๐Ÿฐto get started.
๐Ÿ“ฃ In case you missed the live stream of our Stakedrop virtual event ๐Ÿ“ฃ, weโ€™ve put together a short summary of the details shared, along with a link to rewatch ๐Ÿ“บ the event in its entirety.
Check out the post here ๐Ÿ‘ˆ

We hope to get all newcomers comfortable running their testnet nodes ๐Ÿ’ป before transitioning to mainnet. If you're still having trouble getting your node running, drop into our #staking channel on our Discord server - the Keep team ๐Ÿฐ and our community ๐Ÿค can get you going!
๐Ÿ‘‰ Weโ€™re sponsoring several privacy-focused bounties through Gitcoinโ€™s Protecting Privacy virtual hackathon, and giving you another way to earn KEEP! ๐Ÿ’ช

Weโ€™ve created a couple project ideas as starting points for bounties, but we encourage you to be creative here! The bounty titles are:
- Randomness for privacy ๐Ÿ”ข
- tBTC privacy hacks ๐Ÿ”
- Hack a Zcash relay for tZEC ๐Ÿ’ป
- Signature test vector library ๐Ÿ‘€

Weโ€™ve always been focused on privacy๐Ÿ”’ and โ›“open-source development, and this hackathon is one way we hope to support our communities. Find out more details about the specific bounties in our blog post and then sign up ๐Ÿ“ to hack with us on Gitcoin!
๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰

Spencer Noon ๐Ÿ•› is our Playing for Keeps guest judge in June!

Spencer gave us a little detail on some of the contributions he would like to see ๐Ÿ‘€and reward ๐Ÿ…this month, particularly around analytics and tools to monitor network health.

๐Ÿค” Want to get some ideas for more Playing for Keeps contributions? Read more in our blog post ๐Ÿ‘ˆ