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Rocket Pool is Now Live - Eth2 Staking Made Easy

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by COINS NEWS 229 Views

Rocket Pool has exited the final stage of its incremental launch. If you haven't started staking eth and know nothing about running a node, this is a great way to get matched up with a node in a crowd funded node operation. The node operator puts up half of the required stake, a crowd of individuals put up the other half of the required stake and boom, your eth is now being staked.

When you deposit your eth into the smart contract you receive rETH. ETH2 validating rewards are added to the contract so the ratio of rETH:ETH is a slowly increasing number. You can burn your rETH to redeem the new value at any time.

submitted by /u/kraphty23
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