What is RPL

Learned by 2.0k usersPublished on 2024.03.29Last updated on 2025.01.26

rpl

Rocket pool

RPL

WebsiteBlock Explorer

6.57

+6.04%

  • Last Price6.57
  • Turnover (24h)1.13K
  • All-Time High61.9
  • Total Supply21.46M
  • Fully Diluted Market Cap141.18M
  • Ranking397
  • Market Cap141.18M
  • All-Time Low0.01
  • Circulating Supply21.46M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Rocket Pool is a decentralized Ethereum 2.0 staking protocol. Built to accommodate various types and sizes of stakers, Rocket Pool allows anyone to stake as little as 0.01 ETH through a fully autonomous, decentralized network of node operators backed by RPL collateral. As the first of its kind in ETH2 staking pool protocols, Rocket Pool was initially conceived in late 2016 and has since undergone over five successful public tests throughout the ETH2 development lifecycle. Rocket Pool targets two main user groups: those seeking to unlock staking liquidity using rETH for DeFi, and users interested in staking ETH and running nodes to earn higher returns by also earning additional RPL rewards.
2. Team & Investment Info
Team:
David Rugendyke: Founder and CTO, with over 18 years of commercial development experience and a background in computer science. He began designing Rocket Pool in late 2016.
Darren Langley: CEO, with over 18 years in commercial development.
Kane Wallmann: Solidity Engineer, with 15+ years in web and app development, and extensive experience in smart contract development.
Nick Doherty: Senior Blockchain Engineer, with more than 15 years in designing technical solutions across ad tech, e-commerce, and finance.
Joe Clapis: Senior Blockchain Engineer, an 11-year veteran in software systems engineering, including work on spacecraft simulators, quantum computers, and blockchain applications.
Funding:
Investment from Coinbase Ventures, with details undisclosed.
3. Social Media URLs
X: https://x.com/Rocket_Pool
Discord: https://discord.gg/rocketpool
4. Token Info
Token Symbol: RPL
Total Supply: 20,706,749
Token Type: ERC-20
Issuance/Burn Mechanism: Dynamic issuance mechanism.
Contract Address: 0xd33526068d116ce69f19a9ee46f0bd304f21a51f
White Paper: https://docs.rocketpool.net/overview/
Token Distribution:
Initial Supply: 18 million tokens with 5% annual inflation.
Distribution: 70% to node operators using RPL as collateral, 15% to Oracle DAO members for providing oracle data, and 15% to the protocol DAO treasury for decentralized development funding.
5. Related Links
Official Website: https://rocketpool.net/
Other Info: https://www.rootdata.com/Projects/detail/Rocket%20Pool?k=NzA%3D
GitHub: https://github.com/rocket-pool/rocketpool

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Welcome to HTX.com! We've made purchasing Rocket pool (RPL) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Rocket pool (RPL) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Rocket pool (RPL)After purchasing your Rocket pool (RPL), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Rocket pool (RPL)Easily trade Rocket pool (RPL) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

509 Total ViewsPublished 2024.03.29Updated 2025.03.21

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