RookROOK
$1.08
Market/Exchange
ROOK Price Prediction and Price Movement
ROOK has been down 97.81 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that ROOK's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if ROOK is backed by a solid development team and whether ROOK's technology has any potential to grow.
Please note that this analysis is purely base on ROOK's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Rook Price Chart
About Rook
What is KeeperDAO?
KeeperDAO provides the infrastructure to make DeFi more secure, profitable and egalitarian through coordinating, capturing, and redistributing on-chain profit (MEV) back to users, protocols and Keepers.
By attracting independent Keepers and coordinating their access to certain shared resources - namely various blockchain networks and settlement layers such as Ethereum - Keepers will be able to more efficiently capture on-chain profit - for example by executing an arbitrage or liquidation - and more fairly redistribute that profit to those that add value to the network - the users, protocols and Keepers - without it being destroyed through contention or the extraction of MEV.
In addition to this, KeeperDAO designs and builds its own unique products for use by individual and institutional users, and routes the orders from these products through its community of Keepers for their exclusive execution.
KeeperDAO calls these two strategies the Coordination Game, and the Hiding Game, respectively. The first increases Keepers' expected profitability by eliminating costly competition, and the second gives participating Keepers more opportunities to profit. Combined together, this creates the infrastructure for a more secure, fair and profitable financial ecosystem for both DeFi users and protocols.
Because of their coordinating Keeper Economy they're not only able to provide the most complete MEV protection in DeFi, but by having integrated Keepers capture and redistribute the MEV back to their users and partnering protocols, KeeperDAO also in essence allows them to get paid to play.
How to use KeeperDAO?
You can use KeeperDAO's trading protocol to place free limit orders on your favorite ERC-20 token pairs. If the order gets filled and it created an MEV-opportunity, you'll receive the captured MEV back in $ROOK.
To deposit collateral and borrow from major decentralized lending protocols such as Compound and Aave, you can use KeeperDAO's new lending protocol, the Hiding Vault. The Hiding Vault protects your position from liquidation on the open market by cloaking it, and uses the Just-In-Time-Underwriter (JITU) to buffer at risk loans. Besides their regular rewards, users will also receive a tertiary yield for having open loans in $ROOK.
Exchanges, wallets, protocols and aggregators can read here on how they can integrate the Hiding Book and offer their users free and fully MEV-protected limit orders. They can also directly contact the team in their Discord.
To integrate as an independent Keeper, read the Keeper Integration Guide.