Rocket Pool to Host Community Call on January 30th

Rocket Pool will host a community call with Liquity on Discord on January 30th at 2:00 PM UTC.

During the event, Liquity will discuss how rETH can be utilized in their V2 protocol to mint the BOLD stablecoin.

Participants who download the POAP.xyz Home App can claim a free commemorative POAP.

Refer to the official tweet by RPL:

RPL Info

Rocket Pool (RPL) is a decentralized staking protocol designed for Ethereum 2.0. Unlike traditional staking pools, Rocket Pool aims to create a more decentralized and resilient staking infrastructure for Ethereum.

Ethereum 2.0 requires 32 ETH to run a validator. Rocket Pool allows users to stake with significantly smaller amounts by pooling resources from various participants. Rocket Pool categorizes its participants into two groups: regular users and “nodes”. While regular users can delegate their ETH without the hassle of managing infrastructure, nodes take on the responsibility of ensuring the validators run smoothly. Users who delegate their ETH to Rocket Pool receive rETH tokens in return, which represent their stake in the pool and can be freely traded on external markets.

RPL is a native token of Rocket Pool that is used as a collateral mechanism for nodes and acts to incentivize the proper operation of the network. Nodes are required to hold RPL as collateral to ensure their honest operation and to mitigate potential risks to delegating users.