Yearn Finance Founder Andre Cronje's New Defi Token KP3R Soars 3,600% 24 Hours After Launch.....
Yearn Finance founder Andre Cronje’s new defi token called KP3R has soared more than 3,600% in just over 24 hours after official launch, as yield farmers pour in millions of dollars into the project.
The token opened at just $10 on Uniswap on Oct. 28, but is currently trading at $373.58, as of press time.
According to Coingecko data, over $402 million in volume has been traded in the past 24 hours, with investors providing a total $7.6 million in liquidity.
The digital asset’s market capitalization exploded similarly, reaching $73.6 million – a level equalling number 109 in global market cap rankings.
KP3R is the token for Cronje’s newest project called Keep3r Network, a decentralised smart contract for technical jobs. The concept involves what it calls “keepers” – outside persons or teams responsible for the upkeep of crypto projects on the network. It says: Projects wishing Keepers to perform duties simply need to submit their contract to Keep3r Network, once reviewed and approved by a bonded Keeper, Keepers can begin fulfilling the required work.......
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