icon - Rocket Pool
RPL Rocket Pool
+ 0.52%
$ 27.31098809
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 116
    Rocket Pool
    $ 27.31098809
    $ 554,221,472
    $ 8,777,107
    0 RPL
    + 0.52%

Rocket Pool. Price of cryptocurrency: $ 27.31098809

What is the name of the pool?
The Rocket Pool has a 4.33% rate for ETH2 staking. Users can join the Rocket Pool with their own network or run their own.
Users benefit from an increasing exchange rate instead of rebasing their staked collateral, which would be a taxable event, if Rocket Pool provides liquid staking. Smart nodes is a custom software offered by Rocket Pool that allows anyone to run a node on its network. Users minimize their risk of facing penalties when losses are socialized across the network.

Who are the founding fathers of Rocket Pool?
David Rugendyke, a senior developer with a computer science background, started designing Rocket Pool in late 2016 The General Manager is an executive with 18 years of experience in managing and mentoring development teams, designing application architecture, and delivering exciting digital products for government and financial services.

What makes a pool unique?
Anyone can participate in Rocket Pool, regardless of their capital investment or technological sophistication.
Rocket Pool is a complement to staking-as-a-service providers. The providers can maximize returns by joining Rocket Pool and running a node, which they receive rewards for in return. Even a big player like Gemini could use Rocket Pool to stake 16 ETH each.
rETH is a tokenized version of the staked ETH in Rocket Pool, which allows stakers to engage from 0.01 to 32 ETH. Users receive rETH in return, which can be used to accrue staking rewards based on the performance of the entire network of operators.
There are two ways of interacting with Rocket Pool. Users who deposit and receive rETH can get an additional 16 ETH from each other. You stake your own money on behalf of the protocol. The commission rate is adjusted by the supply and demand of operators. Operators who provide insurance for stakers in case they are slashed will be rewarded.

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How many RPL Coins are in circulation?
RPL introduces a 5% annual inflation, which is different from most fixed-supply DeFi token. Any value-generating protocol will need to reward its participants according to the protocol.
The RPL token will be emitted.

The operators staked RPL as insurance. Various oracle data is provided by members of the Oracle DAO. The Protocol DAO Treasury is used to fund decentralization.
The model is designed to reward the protocol's key stakeholders. The protocol's treasury is controlled by the Protocol DAO, while the oracle data is reported correctly by the members of the Oracle DAO.

How is the Rocket Pool Network secured?
RPL is a token. Three different firms audited Rocket Pool.
The governance of Rocket Pool is split between two separate entities. RPL inflation, rewards, and auctions are set by the Protocol DAO. There are smart contracts between the main chain and the beacon chain.

Where can you buy rocket pool?
RPL is available on a number of websites.