Rocket Pool empowers users to participate in network nodes or stake ETH to earn annual staking rewards.
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Rocket Pool, founded in late 2016 by David Rugendyke, is a dynamic Ethereum staking protocol that offers users the opportunity to engage in staking on Ethereum’s consensus layer or ETH2. By participating in this protocol, users can earn attractive staking rewards of up to 8.24% annually in the form of rETH tokens, which can be easily exchanged at any time.
This protocol operates in a decentralized manner and is governed by a network DAO, utilizing the RPL token. In addition to staking ETH, Rocket Pool allows users to operate nodes for validating transactions on the network. As a result, users can earn up to 6.77% annual staking rewards in ETH, along with the added benefit of RPL rewards.
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