Launched in 2020, KeeperDAO was established as a decentralized organization focused on mitigating the negative effects of MEV, such as front-running and sandwich attacks on DeFi users. The protocol allowed users to deposit assets into liquidity pools and submit transactions through a "Hiding Game," which protected them from predatory bots. Specialized actors, known as "Keepers," would then execute these transactions, capture any available arbitrage or liquidation profits, and return a majority of the profit to the user and the protocol's treasury. In late 2022, the KeeperDAO community voted to wind down the protocol, dissolve its treasury, and distribute the assets to holders of its native token, ROOK. The core team has since transitioned to a new MEV-focused project named Rook.

Founded in

France