The KeepStake smart contract is a staking validator.
The Ethereum and tokens of the KeepStake smart contract that are used for staking are represented by each member of the KeepStake pool. Each user that joins the pool in the registration phase will be distributed 1 KPSK token, a publicly tradeable ERC20 token worth exactly 1 ETH. Holding the KPSK token means you will receive ETH payouts from the KeepStake pool every 100,000 Ethereum blocks (~15 days).
Register to join KeepStake
You must register before December 1st 2018. You can also earn ETH rewards for referring friends to join our staking pool. If you want to register multiple addresses you can do so once the KPSK token is distributed by invoking the applyMultiple function of the KeepStake smart contract.
Receive your KPSK token
As long as you registered before December 1st 2018, you will receive a KPSK token. The KPSK token is tethered to ETH. 1 KPSK = 1 ETH. You can swap your KPSK token back for ETH by invoking the _returnEth function of the KeepStake smart contract.
Receive regular ETH rewards
Cumulative Rewards
- 99.8% Hard Cap Reached
- Unreached
- $30 million backing the KPSK stablecoin
- $10 million airdrop, bounty & marketing
- $7.5 million smart contract & network
- $7.5 million reserve fund
- 75% Stakers
- 20% Airdrop
- 5% Node Operators
Simon founded the Ethereum HK community and the world’s first Blockchain Lab and first ‘DLT’ in Canary Wharf (world’s largest Fintech accelerator), co-Founded the Bitcoin Association of Hong Kong and founded the Hyperledger HK community.
Jason is a smart contract developer, crypto-investor and entrepreneur. He has over 20 years of IT experience in building e-commerce websites and has been involved in blockchain development for the past 6 years.
Former head of marketing at TenX, where they conducted the largest ICO in Asia with $80M raised. Previously, Liew worked in M&A at Goldman Sachs in London covering marketing for FinTech clients in Europe.
Faisal is a corporate finance analyst focused on Ethereum. Faisal has previously worked as lead research analyst for ING Barings and has advanced degrees in finance from Baruch College, New York and SOAS, London and is a Chartered Financial Analyst.
You have several choices to swap your KPSK token for ETH. The quickest is to simply invoke the _returnEth function of the KeepStake smart contract. There are several interfaces to do this. Or you can swap the KPSK for ETH at any major exchange (from January 2019).
If you want to register multiple Ethereum addresses, please do not try and register twice. Unresolved duplicate registrations are easy to detect and often result in a ban from the rewards pool. Instead, we will send out an Ethereum address confirmation form before the KPSK token distribution. You can then register all the Ethereum addresses you own.
Rewards are distributed every 100,000 Ethereum blocks, approximately 15 days.
We wait for 15 days (100,000 Ethereum blocks) because this saves gas costs and means each staker will receive more ETH.
We provide a free, optional and adjustable email and SMS notification feature everytime rewards are distributed. This will begin once KPSK tokens are distributed.
Swapping your KPSK token for ETH using the contract burns that KPSK token. Selling your KPSK token to another user is equivalent to registering their Ethereum address for staking payouts.
Tokens are valued according to the opinion of the ETH miners. ETH miners usually follow the prices provided by CoinMarketCap.