Rocket Pool is an Ethereum-based decentralized liquid staking protocol that allows users to participate in staking their ETH and earn rewards without the need to have a full 32 ETH required to run an independent validator node. The protocol enables individuals and businesses to deposit as little as 0.01 ETH and receive the rETH liquid staking token, which represents their stake in the Ethereum network.
One of Rocket Pool's key features is its decentralized nature. It is fully non-custodial, meaning that users have full control over their funds and don't need to trust any third parties with their assets. The protocol also offers economically-aligned node operators who are incentivized to perform well. Becoming a node operator is permissionless, requiring only 16 ETH instead of the usual 32 ETH. Node operators not only receive operator commissions but also earn RPL rewards, which further boost their return on investment.
The Rocket Pool team has a strong pedigree and track record in the staking space, having been involved since 2016. This experience sets them apart and provides confidence in the protocol's reliability and security.
The Rocket Pool token, abbreviated as RPL, serves as the governance token of the Rocket Pool protocol. RPL holders have the power to propose and vote on protocol upgrades, changes, and parameters, giving them a direct say in the future development and direction of the platform.
Rocket Pool (RPL) is available for trading on the following exchanges:
Rocket Pool is an Ethereum-based decentralized liquid staking protocol that allows users to stake their ETH and earn rewards without the need for a full 32 ETH. It provides a non-custodial solution and economically-aligned node operators to ensure optimal performance for stakers.
To participate in Rocket Pool, you can deposit as little as 0.01 ETH and receive the rETH liquid staking token in return. This allows you to earn rewards from staking your ETH without needing to have a full 32 ETH for running an independent validator node.
Becoming a node operator in Rocket Pool is fully permissionless and requires only 16 ETH instead of the usual 32 ETH. As a node operator, you will not only receive operator commissions but also earn RPL rewards, which further boost your return on investment.