When it comes to dApps and DeFi projects...the team shouldn’t have the keys. The Keep Network features off-chain containers for private data called keeps that give smart contracts deep interactivity with private data without compromising transparency or auditability. tBTC, the first application built on the Keep Network, is censorship-resistant because it uses keeps to store data. Each TBTC token is fully backed and matched by at least 1 BTC held in reserve. tBTC is trustless, using Keep’s random beacon to select “signers” who are bonded in ETH and have responsibility for the deposited BTC. This means you can convert TBTC to BTC, and vice-versa, whenever you want, with no intermediary needed to sign off.

The Keep Network launched its mainnet on April 27th, 2020 with 1 billion KEEP tokens created. KEEP tokens are a fixed supply asset, there will never be more than 1 billion KEEP in existence.

Keep is an incentivized network for storing and encrypting private data on the public blockchain. The network is made of off-chain containers for private data known as keeps, while the KEEP work token enables it to be completely permissionless. Keep solves the main problem holding back blockchain adoption: that data on public blockchains are public. With Keep, developers can finally build fully decentralized apps. Visit [Keep](https://keep.network/) to learn more and stake, and [tBTC](https://tbtc.network/) to see its power in action. tBTC, a Bitcoin bridge on Ethereum, is the first application built on top of the Keep network. It is an open-source project supported by groups including Keep, Summa and the Cross-Chain Group. tBTC is a fully Bitcoin-backed ERC-20 token pegged to the price of Bitcoin. It facilitates Bitcoin holders acting on the Ethereum blockchain, accessing the DeFi ecosystem, and earning with their Bitcoin. KEEP is the network’s native work token with dividends and a slashing model. It provides the sybil resistance that allows the Keep network to be censorship resistant and permissionless. KEEP can be used to: * Secure the Keep Network and tBTC via staking * Run the random beacon and ECDSA nodes on the network * Run tBTC, similar to running a full node. KEEP stakers can play an even larger role as tBTC signers by bonding ETH. * Earn fees for providing work on the network KEEP applications and tools include: * Keep Random Beacon * tBTC - a decentralized Bitcoin bridge on Ethereum * [Keep Token Dashboard](https://dashboard.keep.network/) - an interface to manage and stake your KEEP * [Keep Stats](https://keepstats.org/) - high level summary of Keep and tBTC network stats * [All the Keeps](https://allthekeeps.com/deposits) - a tool to monitor all tBTC deposits on the Keep network