How to Stake on the Keep Network
An overview of getting, staking, and earning KEEP on the Keep Network
The Keep network is a solution to privacy on public blockchains. Today, public blockchains cannot sufficiently or repeatedly maintain the privacy of the data involved in transactions. Keep solves this drawback by storing data in “Keeps” — off-chain containers that store private data. Each Keep contains up to 1MB of encrypted data, which is distributed across multiple keep providers for redundancy.
Keep is the network behind tBTC, the only truly decentralized solution for wrapped bitcoin on Ethereum. tBTC is the open-source and permissionless bridge connecting Bitcoin to Ethereum and other chains.
KEEP is the native token of the Keep network. By staking KEEP, network participants can help secure the network and the applications built on top of it, including tBTC. Staking KEEP can generate significant rewards for stakers. Learn more about KEEP staking rewards.
Getting KEEP
To stake on the Keep network, you need a minimum threshold of KEEP. There are 3 ways to get KEEP:
1. Buy KEEP on an exchange. Keep is available for purchase on Uniswap, Balancer, and Kraken.
2. Provide liquidity to a pool. Provide liquidity to one of the pools below and earn KEEP as a reward.
It is important to note that staking on Keep requires a minimum KEEP stake that diminishes month-over-month. Learn more about KEEP minimums.
Staking KEEP
There are 2 ways to stake once you have the minimum amount of KEEP: staking yourself or with a provider. Either way, if you are planning on staking more than $1MM USD in KEEP, please reach out to Keep directly and we will help you with your next steps.
Staking with a provider
The following providers are already set up and prepared to work with clients. Please reach out to one of these staking provider reps and they’ll start to get you onboarded.
Keep Staking Providers
If you have another staking provider you’d prefer to work with, we’re happy to work with other partners to get them and you set up. Please contact us at work@keep.network.
- Bison Trails — Viktor Bunin — viktor@bisontrails.co
- Blockdaemon — Konstantin Richter — konstantin@blockdaemon.com
- Boar — Piotr Dyraga — hello@boar.network
- Figment — Yannik Folla — yannick@figment.io
- Low Fee Validation — Bonsfi — bonsfi@lowfeevalidation.com
- Staked — Tim Ogilvie —togilvie@staked.us
If you’re considering staking with a provider, head to the new-stakers Discord channel for advice from the community about the best staking provider for you.
Staking yourself
You may elect to run your own node to stake on the Keep network, which would not require the service fees of staking with a provider. However, staking yourself is a detailed and technical process. If you are not familiar or comfortable with Bash and do not have a full understanding of the risks associated with staking yourself, you should consider staking through a provider. Learn how to stake yourself on Keep here.
Staking Dashboard
Whether staking through a provider or yourself, you will manage your entire staking journey through the Keep Dashboard. The Keep Dashboard is your single destination to stake KEEP, bond ETH, and manage rewards.
If you are staking through a provider, you will enter all the relevant information they provide you into the dashboard and complete the staking process that way.
Step 1: Stake KEEP
Step 2: Bond ETH
Step 3: Manage rewards
If you still have questions about this process, join our community on Discord and ask us!
