About 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.

Rocket Pool (RPL) Price Data

Rocket Pool (RPL) price has decreased today.

Rocket Pool price today is $9.8588 with a 24-hours trading volume up by -- %. RPL price is down in the last 24 hours. It has a circulating supply is 20.8M RPL coins and a total supply of 20.8M.

What is the highest price for Rocket Pool?

The all-time high price of Rocket Pool is $73.033 on Feb 14, 2024.

What is the lowest price for Rocket Pool?

The all-time low price of Rocket Pool is $0.00000000000895 on Feb 15, 2024.