Comparison and Review: Tether Gold vs. Rocket Pool
Tether Gold (XAU₮)
- Symbol: XAU₮
- Name: Tether Gold
- Asset Platform: Ethereum
- Categories: Stablecoins, Asset-backed Tokens, Tokenized Gold, Ethereum Ecosystem
- Market Cap Rank: 83
- Price Change Percentage in Last 30 Days: 83%
Tether Gold (XAU₮) is a token representing ownership of one troy fine ounce of physical gold on a specific gold bar. It is available as an ERC-20 token on the Ethereum blockchain and as a TRC20 token on the TRON blockchain. XAU₮ can be transferred to any on-chain address from the purchaser's Tether wallet. In addition, Tether Gold is unique because it offers zero custody fees and has direct control over the physical gold storage, which is securely held in a vault in Switzerland. It implements best-in-class security and anti-threat measures, making it the preferred option for holding gold.
Rocket Pool (RPL)
- Symbol: RPL
- Name: Rocket Pool
- Asset Platform: Ethereum
- Categories: Business Services, Infrastructure, Decentralized Finance (DeFi), Polygon Ecosystem, Arbitrum Ecosystem, Liquid Staking Governance Tokens, Ethereum Ecosystem
- Market Cap Rank: 77
- Price Change Percentage in Last 30 Days: -24.80885%
Rocket Pool is Ethereum's most decentralized liquid staking protocol. It allows liquid stakers to participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. Rocket Pool is a fully non-custodial solution, and its node operators are economically aligned to perform well for stakers. Joining as a node operator requires just 16 ETH, and it offers boosted ROI from both operator commission and RPL rewards. With a team that has been in the staking space since 2016, Rocket Pool has a strong pedigree and track record.