Keepers Network

Mechanism

A Keepers Network is a decentralized infrastructure comprising automated bots or human operators incentivized to perform routine, off-chain tasks that trigger on-chain smart contract functions. These tasks include liquidating undercollateralized positions, harvesting yield, or updating oracle prices. Keepers monitor specific blockchain states and execute transactions when predefined conditions are met. This mechanism ensures the smooth and autonomous operation of decentralized finance protocols. It maintains the integrity and efficiency of the system.