Rocket Pool

Rocket Pool

RPL

$2.57

Current Price

+56.36%

24h Change

Info

RPL

Symbol

$58.11M

Fully Diluted Valuation

$58.11M

Market Cap

404

Market Rank

22.62M

Total Supply

$31.20M

Total Volume

$2.58

24h High

$1.60

24h Low

About Rocket Pool

Rocket Pool is a pioneering decentralized liquid staking protocol on the Ethereum network, designed to enhance accessibility and decentralization in Ethereum staking. By allowing liquid stakers to deposit as little as 0.01 ETH, participants receive the rETH token, enabling them to maintain liquidity while earning staking rewards. The protocol addresses the barriers of traditional staking by offering a fully non-custodial and permissionless solution, where node operators can join with only 16 ETH, compared to the standard 32 ETH requirement. This setup not only democratizes staking but also aligns the economic incentives of node operators with the network's health, ensuring robust performance through operator commissions and RPL token rewards. Rocket Pool's ecosystem is deeply integrated within the DeFi space, offering a secure and user-friendly environment for both stakers and developers. Its non-custodial nature and reduced entry barriers make it an attractive option for those seeking to participate in Ethereum's security and earn rewards without the technical complexities. With a history dating back to 2016, Rocket Pool's team brings unmatched expertise and a strong track record in the staking domain. The protocol's emphasis on decentralization and security has positioned it as a key player in the Ethereum staking landscape, fostering a collaborative community that drives its continuous growth and innovation.

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FAQ

Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.

Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.

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