Rocket Pool ETH reth
US$3,283.47
-0.64%
💡
This asset page has been automatically generated by Collective Shift – we’re fancy like that.
This space is exploding and we want you to have information on the crypto that matters to you most.
Should we review this asset, it will be updated and you’ll see our analysis.
Summary
Rocket Pool is a next generation decentralised staking pool protocol for Ethereum.
Rocket Pool ETH (rETH) is the Rocket Pool protocol's liquid staking token. The rETH token represents an amount of ETH that is being staked and earning rewards within Ethereum Proof-of-Stake. As Rocket Pool node operators, stake Ethereum on Proof-of-Stake the resulting rewards increase the value of rETH relative to ETH. Rocket Pool's liquid staking token allows holders to benefit from the returns of the Ethereum Proof-of-Stake.
More information on Rocket Pool and rETH can be found at https://rocketpool.net.