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Rocket Pool

Rocket Pool
1 RPL =
 $ 39.28
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Market Capitalization:
750.74M $
Circulating supply:
19.11M RPL
Maximum:
19.11M RPL
Volume (24h):
8.23M $
Daily range:
38.74 - 40.22
Changes (7d):
+13.81%

Cryptocurrency Rocket Pool (RPL)

The price for Rocket Pool (RPL) cryptocurrency is currently 39.28 $ (15 min delay), daily range of currency change is 38.74 - 40.22 .
Last 24 hours news: trading volume - 8.23M $, price variance +0.71% .
The highest trading volume belongs to the pair RPL/USDT at the Binance exchange

Project Website - https://www.rocketpool.net
Explorer of transactions - https://etherscan.io/token/0xd33526068d116ce69f19a9ee46f0bd304f21a51f
Twitter Account - https://twitter.com/Rocket_Pool

Chart Rocket Pool (RPL)

Current price Rocket Pool (rpl) 39.28 $
Market Capitalization 206.30M $
Trading Volume last 24h 13.11M $
Minimum exchange rate (24h) 9.79 $
Maximum exchange rate (24h) 10.96 $
Market cap rank № 309
Absolute maximum 61.90 $
Absolute minimum 0.0088 $

Rocket Pool Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
10.15 $
10.15$
0.1% 2.92M $ 2024-11-17 07:44:19
2
10.14 $
10.14$
0.1% 1.47M $ 2024-11-17 07:40:02
3
10.20 $
10.2$
1.01% 912.65K $ 2024-11-17 07:41:54
4
10.15 $
10.15$
0.67% 808.23K $ 2024-11-17 07:44:27
5
10.13 $
10.13$
0.48% 758.13K $ 2024-11-17 07:45:12

What is Rocket Pool (RPL)

Rocket Pool is a next generation decentralised staking network and pool for Ethereum 2.0

Rocket Pool is a self-regulating network of node operators; it automatically adjusts its capacity to match demand. The Rocket Pool protocol token is used to maintain an optimal capacity by:
Increasing capacity when needed, by incentivising node operators to join.
Decreasing capacity when not needed, by disincentivising node operators from joining.

In addition to depositing ETH, a node operator is required to deposit a set amount of RPL per ether they are depositing. This RPL:ether ratio is dynamic and is dependent on the network utilisation. E.g:
If the network has plenty of capacity, then node operators need more RPL to make deposits. It gets progressively more expensive in terms of RPL to make node deposits when the network does not have enough ETH from regular stakers to be matched up with node operators. This helps prevent several attack vectors outlined in the whitepaper and keeps assignment of ether ‘chunks’ to nodes quick.
If the network is reaching capacity, then node operators need less RPL to join as the network needs more node deposits to be matched up with regular users deposits. If the network is maxed out and needs node operators to join quickly, it even drops to 0 for the first one to make a deposit.

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