Keep Network
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πŸ‘‰ We’re sponsoring several privacy-focused bounties through Gitcoin’s Protecting Privacy virtual hackathon, and giving you another way to earn KEEP! πŸ’ͺ

We’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 πŸ”’
- tBTC privacy hacks πŸ”
- Hack a Zcash relay for tZEC πŸ’»
- Signature test vector library πŸ‘€

We’ve always been focused on privacyπŸ”’ and β›“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 πŸ“ to hack with us on Gitcoin!
πŸŽ‰πŸŽ‰πŸŽ‰

Spencer Noon πŸ•› 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 πŸ‘€and reward πŸ…this month, particularly around analytics and tools to monitor network health.

πŸ€” Want to get some ideas for more Playing for Keeps contributions? Read more in our blog post πŸ‘ˆ
Our project lead πŸ’ͺ Matt gave a project update earlier this month at Messari Mainnet. If you missed the event, the recording is now available at πŸ‘‰ https://messari.io/article/keep-network-project-update-mainnet-2020

Matt also recently appeared on the Zero Knowledge Podcast with Anna Rose and Fredrik Harrysson, where they dug into the relationship between thesis *️⃣, Keep 🏰, and tBTCβ›“, the details behind the tBTC rc.0 bug, and some ideas for the future. Check it out at https://www.zeroknowledge.fm/134 πŸ‘€
Spencer Noon πŸ•› reviewed June’s Playing for Keeps entries, and Itzler’s work pulling together a tBTC Dashboard with Dune Analytics took top prize!

πŸ°βš”πŸ™Œ

In all, we distributed 2 million KEEP(!), with over 100 community members receiving prizes of at least 5k KEEP. The full results from this month along with details of how to enter contributions for July are in our latest blog post πŸ‘€
We believe the most resilient projects in the space are transparent and open source. πŸ”πŸ‘€

We’ve partnered with Messari to bring token transparency for the KEEP token to their Disclosures Registry. 🀝We take transparency seriously, and hope that this provides valuable information for the community, compiled by an outside party.

You can find more information about what this means to us in our πŸ‘‰ blog post πŸ‘ˆ
🚨Hackathon results incoming!🚨

We had a KEEP bounty in the recently wrapped Protect Privacy hackathon with Gitcoin, which focused on building out privacy-focused πŸ” tools sponsored by some of the leading teams in the blockchain and privacy spaces. Our top bounty winner of 50k KEEP was tBTC πŸŒͺTornado Cash, which implemented tBTC on Tornado Cash. Runners-up with prizes of 20k KEEP each were a second implementation of tBTC on Tornado Cash, tBTC Tornado, and a tBTC and Umbra Protocol mashup. πŸ™Œ

If you’re interested in more details about the projects, check out our latest πŸ‘‰ blog post πŸ‘ˆ
ICYMI πŸ‘€

This week, Keep and tBTC was featured in Paul Veradittakit’s Newsletter πŸ—ž. Paul breaks down the issue of privacy on public blockchains β›“, how the Keep network enables private data interaction with public chains 🏰, and outlines some of the possible use cases this unlocks πŸ”“- a solid piece to check out if you’re considering building something that requires private data, or if you are interested in general privacy tooling for public blockchains.

πŸ‘‰You can read the post in full at the VeradiVerdict Substack πŸ‘ˆ
πŸŽ‰The winners from the Festival hackathon are now in! πŸ†

πŸ₯πŸ₯πŸ₯
We chose Ple-BTC as the top winner of 75k KEEP. Read more about all the projects that came together in the Keep blog πŸ‘ˆ
There’s a strong chance that if you’re reading this, you’re a Millennial πŸ‘€ πŸ’…

That’s for good reason - you’re tuned into channels where we’re redesigning financial tools in the shadow of a financial system that has largely disenfranchised our peers. πŸ™…β€β™‚οΈπŸ™…β€β™€οΈ

Matt explores how Millennials are reshaping the future of finance πŸ€‘ in the International Business Times - you can read it here!
🚨Panel Alert!🚨

Join Matt as he discusses the state of #BTC pegs and how #tBTC functions as a supply pegged #ERC20. Matt will be joined by Summa’s James Prestwich, Chjango Unchained, and Nomic’s Matt Bell on the Cosmos YouTube channel. The panel is live at 5PM EDT!
⏰ It’s tiiiiiiime ⏰

We are ready to start making noise πŸŽ‰ about the tBTC mainnet contracts being live on the Ethereum mainnet! πŸ™Œ

If you’re as excited as we are to be announcing the mainnet contracts today, help us spread the word!
- The new blog post is here: https://blog.keep.network/tbtc-the-safe-way-to-use-bitcoin-in-defi-is-live-on-tbtc-network-de2bb8b6eaf7
- The tBTC twitter announcement is here:
The tBTC Discord is here: https://discord.gg/TytRYBe
- You can mint tBTC (!!!) at https://dapp.tbtc.network

πŸ“£πŸ‘€πŸ’ͺπŸ°β›“
IOSG VC put out a blog post on tBTC πŸ‘€

We’re so happy to have them on board πŸ’ͺ and are looking forward to developing a stronger Asian community presence in the future! πŸ™Œ

βš”οΈ

Check out what they had to say about our system!
Today at 1:20 EST our founder Matt Luongo is speaking on an ETHDenver panel called "War & Peace: The Multi-chain Reality" πŸŽ™ πŸ‘

https://twitter.com/keep_project/status/1359151979298185222

Watch the full panel liveπŸ‘‡

twitch.tv/ethereumdenver
Many of you asked for it so we shipped it πŸ‘¨β€πŸš€!! The KEEP-only stake pool is now live. This is super exciting for a few reasons:

πŸ™…β€β™‚οΈThere is no min stake amount so it increases staking accessibility
⏳There is a rewards multiplier of up to 3x based on time locked
πŸ’°The initial rewards are 100k KEEP per month
πŸ”‘In the future our community will be able to govern the pool with control over some of the key parameters

Full details are available in the blog post below πŸ‘‡
https://twitter.com/keep_project/status/1359604707090522112
Keep v1 community governance is underway πŸ™

We transferred ownership of the tBTC v1 contracts to our community multisig. This is a huge step towards empowering our community for the long-run through our progressive decentralized community governance plan.

In addition to the discussions that have been occurring on Discord (chat.keep.network) we now have community governance forums to chat about Keep Improvement Proposals or KIPs.

https://forum.keep.network/

Check out the full details on our v1 governance system so far and learn how to get involvedπŸ‘‡

https://twitter.com/keep_project/status/1362150994482663425
Rewards update. The following liquidity rewards were distributed today πŸ‘

β˜‘οΈ 25k KEEP to Uniswap TBTC/ETH LP
β˜‘οΈ 85k KEEP to Uniswap KEEP/ETH LP
β˜‘οΈ 100k KEEP to Uniswap KEEP/TBTC LP
β˜‘οΈ 250k KEEP to Saddle

https://etherscan.io/tx/0x8875c97632b9ade20b7498f2cbde94cb28c19b9e2af59862f7796853f2da3939

Claim your gains on the Keep Token Dashboard πŸ™
The Keep Community and Multisig acted swiftly to update tBTC through the new Keep governance system πŸ‘ . The following changes have been made:

1️⃣ The collateralization ratio is now 200%
2️⃣ The courtesy call threshold for new deposits is now 115%

https://twitter.com/keep_project/status/1363903915050360835
Major news for our community πŸ’ͺ

Introducing the Keep Community Fellowship and Developer Grants Program. Quick details:

🏎 Continue to accelerate adoption of the Keep and tBTC ecosystem
πŸ‘· More building with our community
🌊 2M KEEP allocated for Wave 1

We will use the #development channel on our Discord as hub to discuss community grant proposals and maybe you'll even form project teams with other community builders there. Keep and eye on the channel because we will post grant proposal suggestions there.

Check out the full program details and find out more on how to applyπŸ‘‡

https://twitter.com/keep_project/status/1363929087677464577
The Keep Community has proposed to reduce current staking emissions to increase future allocation for tBTC v2 πŸ“£

1️⃣ Cut rewards by 30% for March, April, May, June, July and August vs current schedule
2️⃣ Rewards set at 4.35M KEEP per month for September, October, November and December
3️⃣ Cut all rewards after 2022 to zero
4️⃣ Retain 50M KEEP in stakedrop funds for launching tBTC v2

Check out the full proposal πŸ‘‡

https://twitter.com/keep_project/status/1364367081244868619