Rocket Pool

RPL Rank #533

$1.96▲ 2.17%24h

Low $1.91High $1.96

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Market cap$44.74MRank #533

Fully diluted value$44.74M

Volume (24h)$685.4KVol / Mcap 1.53%

Circulating supply22.88MRPL

Total supply22.88M

Max supply∞no hard cap

All-time high$61.90Apr 16, 2023

All-time low$0.008847Aug 27, 2018

What is Rocket Pool?

Ethereum staking

Users deposit ETH into Rocket Pool to obtain rETH. The receipt represents their proportional interest in pooled staked ETH and accrued rewards. Independent node operators run the underlying Ethereum validators. Saturn 1 introduced megapools that manage multiple validators within an operator's shared contract. Its initial validator configuration combines four ETH from the operator with 28 ETH from the pool.

RPL participation

RPL staking provides participation in protocol governance. Vote-eligible staked RPL receives a share of protocol ETH revenue under the Saturn 1 design. Governance determines the applicable revenue parameters. Mandatory RPL collateral was removed in the earlier Saturn 0 upgrade. Operators can therefore participate without maintaining the old minimum RPL bond.

Issuance and upgrades

RPL issuance continues to support protocol incentives. The proposed Saturn 2 package includes changes to inflation and validator operation. Its published development schedule targets a 2027 mainnet release. Those proposals do not represent features already deployed in Saturn 1. RPL's governance and incentive functions remain separate from rETH's claim on pooled ETH.