🛡️For Keepers

Most transactions in the PRINT3R protocol operate through a 2-step mechanism. An action is first requested by a user, then fulfilled by a keeper.

Anyone can participate in the network as a keeper, and will as a result, capture a portion of the value for each request that they fulfil.

There are a 5 key keepers within the system:

• Trade Keepers: These keepers are responsible for executing limit / market order requests. Any gas spent in execution is refunded to the keeper, plus 10% of the total position fee. So the larger the position, the larger the value captured by the keeper.

• Liquidity Keepers: These keepers are responsible for executing deposit / withdrawal requests. Any gas spent in execution is refunded to the keeper, plus 10% of the total deposit / withdrawal fee. So the larger the deposit / withdrawal, the larger the value captured by the keeper.

• New Market Keepers: These keepers are responsible for executing market creation requests. Users pay a flat fee for creating new markets, a portion of which is distributed to the executor.

• Liquidation Keepers: These keepers are responsible for liquidating under-collateralized positions. 5% of the total liquidated collateral is distributed to the liquidator.

• ADL Keepers: These keepers are responsible for auto-deleveraging over-heated markets. A percentage of the ADL'd collateral is distributed to the auto-deleverager.

Prices are automatically signed by decentralized keepers through Chainlink Functions.