Rocket Pool update: RPL Live price, price chart, news and markets

The RPL price update as of now is $4.38. In the previous 24 hours, its trading volume was $7,508,673, and its value has decreased by -5.45%. As of now, RPL's live market cap is $93,022,161, and it is ranked as the #297 on the Coincu. RPL has a circulating supply of 21,225,195 and a maximum supply of 21,225,195.

Introducing Rocket Pool: A Decentralized Finance (DeFi) Staking Network Rocket Pool (RPL) is an Ethereum-based decentralized finance (DeFi) staking network. With its establishment in late 2016, Rocket Pool has developed multiple Betas and is fully compatible with Ethereum 2.0. This platform offers individuals, businesses, and dApps the opportunity to stake their assets and earn profits, all without the need to manage additional infrastructure within the network. What Can Rocket Pool Do? Decentralize staking and democratize features in ETH 2.0: Users have the freedom to select the amount of coins they want to stake and the number of nodes they want to utilize within Rocket Pool. Ensure full compatibility with ETH 2.0: Rocket Pool leverages technical innovations on a large scale to seamlessly integrate with Ethereum 2.0. Enable ETH 2.0 Validation Node for users and businesses: Individuals and businesses can run an ETH 2.0 Validation Node with just 16 ETH and earn additional rewards. Incentivize active Node Operators: Node Operators who actively participate in the network receive higher returns compared to traditional staking methods. Optimize infrastructure and staking components: Rocket Pool aims to achieve maximum decentralization while prioritizing the principles and security of Ethereum. Build a scalable staking network: With a focus on proof-of-stake services, Rocket Pool is designed to handle the high demands of staking. Provide seamless staking services to third-party businesses: Rocket Pool offers third-party businesses easy access to staking services without complications. Key Features of Rocket Pool Staking Users in Rocket Pool Staking users are the primary participants in the Rocket Pool platform. They engage in the proof-of-stake validation mechanism and receive corresponding rewards in return. The Rocket Pool network allows users to stake as little as 0.01 ETH and earn interest without any risk or obstacles. During the deposit process, users receive ETH coins proportional to their deposit time and the rewards earned within the network. Node Operators in Rocket Pool In the Rocket Pool ecosystem, users and businesses can stake their coins through their own Nodes on the platform, with a minimum requirement of 16 ETH. Node Operators not only earn rewards on their own staked ETH but also have the opportunity to receive a percentage of the rewards earned by other staking users on their Node. Rocket Pool Roadmap The official Whitepaper of Rocket Pool outlines the project's focus on three core areas of software development: Smart Contracts, Smart Nodes, and websites. Smart Contract Development The current Smart Contracts are in the Alpha stage and are open source, including partner API integration. These Smart Contracts allow Rocket Pool to collaborate with third-party entities such as wallets and crypto exchanges. Before their public release, the Smart Contracts undergo a bug bounty program to ensure their security. All assessments and findings are publicly disclosed in accordance with the Rocket Pool Whitepaper. Smart Node Development Similar to Smart Contracts, the Smart Node is currently in the Alpha stage and is open source. The Rocket Pool development team plans to convert the Smart Node into open source code, allowing third parties to utilize and manage these Nodes. Thorough testing and penetration testing of the Node will be conducted before its public release. Website Development The development of Rocket Pool's website is currently undergoing a trial period before its official launch. The website serves as an electronic information hub for the Ethereum blockchain and simplifies the deposit process through the MetaMask wallet platform. The Rocket Pool project aims to release a Beta version of the website, featuring a user-friendly and intuitive UI/UX design to enhance user interaction with the Casper test network. Note: For further information about Rocket Pool, click here