Keep3r Network: Keep3rV1Helper

Keep3r Helpers calculate how much KP3R a transaction receives. These are updateable by governance. We quickly wanted to explain the current implementation;

The first call in any Keep3r reward function is isKeeper(address) this sets a global state variable for the duration of this transaction. This tracks how much gas was used.

function isKeeper(address keeper) external returns (bool) {
_gasUsed = gasleft();
return keepers[keeper];
}

The final call in a reward function is worked(address) which indirectly calls workReceipt(address, uint)

function worked(address keeper) external {
workReceipt(keeper, KPRH.getQuoteLimit(_gasUsed.sub(gasleft())));
}

You will notice the call to KPRH (Keep3rV1Helper) with _gasUsed.sub(gasleft()) this calculates the amount of gas spent on the transaction;

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Using the above transaction as example, gas used was 574,413 , this is sent to the getQuoteLimit(uint) function of the current Keep3rV1Helper implementation.

IChainLinkFeed public constant FASTGAS = IChainLinkFeed(0x169E633A2D1E6c10dD91238Ba11c4A708dfEF37C);
IUniswapV2Oracle public constant UNIQUOTE = IUniswapV2Oracle(0x127a2975c4E1c75f1ed4757a861bbd42523DB035);
address constant WETH = address(0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2);
address constant KP3R = address(0x1cEB5cB57C4D4E2b2433641b95Dd330A33185A44);
function quote(uint spent) public view returns (uint) {
return UNIQUOTE.consult(WETH, spent, KP3R);
}
function quoteGas(uint gasUsed) external view returns (uint) {
return gasUsed.mul(uint(FASTGAS.latestAnswer()));
}
function getQuoteLimit(uint gasUsed) external view returns (uint) {
return quote(gasUsed.mul(uint(FASTGAS.latestAnswer())));
}

From the above we can see 2 core calculations;

  • gasUsed * FASTGAS this gives the amount of wei used by the transaction
  • quote WETH sell for KP3R buy this calculates the amount of KP3R for the amount of sold wei

The future scope is to upgrade Keep3rV1Helper to a more profitable implementation, it is currently designed to be less than or equal to the amount of gas spent to avoid promoting front-running and unfair competition. As the system has more bonded users these rewards can be upgraded.

Read more about jobs and rewards here

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