Keeper Incentives
Keeper Incentive Plan
Keepers will play a massive role in our oracle and liquidation system. They will be responsible for submitting fair price updates and executing liquidations when accounts fall below margin requirements. To ensure reliability and alignment, we are providing these incentives to reliable keepers.
Price Update Rewards
Each valid price update submitted and accepted by the contract earns the keeper a flat USDC reward.
Example configuration for private beta:
$0.05 per accepted update
Updates accepted at a cadence of ~15 seconds
Reward capped to prevent spamming (e.g. max 4 submissions per minute per keeper)
Liquidation Bounties
When a position becomes undercollateralized, any keeper may trigger liquidation.
The liquidating keeper receives a bounty equal to 5–10% of the seized collateral.
Stability Bonus
At the end of each epoch, keepers with >99% uptime receive a performance bonus multiplier on top of their base rewards.
Private Beta Configuration
During the private beta, the keeper set will be permissioned and operated by the core team and selected partners.
No staking is required.
Misbehavior is managed socially (removal of bad actors).
Rewards are funded from the beta treasury.
Transition to Mainnet
In the public launch phase, the keeper incentive plan will transition:
Permissionless keeper participation via staking.
Slashing penalties for incorrect or malicious price submissions.
Dynamic rewards that scale with market activity and transaction fees.
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