
What is Rocket Pool?
Established late 2016 by founder and CTO David Rugendyke, Rocket Pool is a liquid Ethereum staking protocol. Rocket Pool enables users to participate in staking on Ethereum’s consensus layer or ETH2 — users can earn up to 8.24% annually as staking rewards in the form of rETH tokens, which can be swapped at any time. The protocol is decentralized and governed using the RPL token by a network DAO. Rocket Pool also enables users to stake ETH and operate nodes to validate transactions on the network. In exchange, users earn up to 6.77% annual staking rewards in ETH in addition to RPL rewards.
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