KEEP to Fiat Converter

Keep Network: Secure, Private Data Storage on the Blockchain

Keep is a decentralized network designed to store and encrypt private data on public blockchains. It uses off-chain containers called keeps to securely hold sensitive information, while the KEEP token ensures the network remains permissionless. By enabling private data storage, Keep addresses a key limitation of public blockchains—transparency—allowing developers to build fully decentralized applications.

### tBTC: A Bitcoin Bridge on Ethereum
The first major application built on Keep is tBTC, a decentralized Bitcoin bridge for Ethereum. As an open-source project, tBTC is a Bitcoin-backed ERC-20 token that maintains a 1:1 peg with Bitcoin. It allows Bitcoin holders to interact with Ethereum’s DeFi ecosystem while retaining exposure to Bitcoin’s value.

### The Role of the KEEP Token
KEEP is the native utility token of the Keep Network, serving multiple functions:

- Securing the Network – Stakers help protect Keep and tBTC.
- Running Network Nodes – Participants can operate random beacon and ECDSA nodes.
- Supporting tBTC – KEEP stakers can become tBTC signers by bonding ETH.
- Earning Fees – Users are rewarded for contributing to network operations.

### Key Tools and Applications
- Keep Random Beacon – A decentralized randomness generator.
- tBTC – A trustless Bitcoin-to-Ethereum bridge.
- Keep Token Dashboard – Manage and stake KEEP tokens.
- Keep Stats – Track network activity and performance.
- All the Keeps – Monitor tBTC deposits on the Keep Network.

For more details, visit the official Keep Network and tBTC websites.