What is Rocket Pool?
Rocket Pool operates as a decentralized Ethereum staking pool, offering an attractive 4.33% APR for ETH2 staking. Users have two options: they can join the decentralized node operator network provided by Rocket Pool or independently run their own nodes with just 16 ETH. Opting for the latter route allows them to earn commissions from staking ETH and also gain extra RPL rewards by providing RPL collateral, potentially totaling up to 6.36% APR for ETH alongside the supplementary RPL rewards.
What sets Rocket Pool apart is its provision of liquid staking. Rather than increasing their initial staked collateral (which could incur taxes), users benefit from an appreciating exchange rate. Rocket Pool also introduces smart nodes, a specialized node software enabling anyone to operate a node on its network. Risk mitigation is a priority; losses from underperforming nodes are spread across the network, lessening the individual user's risk of penalties. This assurance is backed by the pool's open-source and audited smart contracts, ensuring fully non-custodial staking and a high level of decentralization.
Rocket Pool, explained.
Can I accept Rocket Pool with Coino Live?
Not yet. Today you can accept: BTC, LTC, ETH, BNB, POL, TRX, SOL, USDT, USDC, TON.
What is the all-time high of Rocket Pool?
Rocket Pool reached its all-time high of $61.90 on 16 April 2023.
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