What is Rocket Pool (RPL)

Rocket Pool or RPL is an innovative protocol that operates on the ETH2 Proof of Stake model. It has a unique approach that emphasizes community ownership, decentralization, trustlessness, and compatibility with Ethereum 2.0 staking. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (RPL/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is Rocket Pool (RPL)
What is Rocket Pool (RPL)

A Quick Introduction to Rocket Pool

Rocket Pool is an ETH2 Proof of Stake Protocol that is unique in its community-owned, decentralized, and trustless design. It is compatible with staking in Ethereum 2.0 and has had over 5 successful public betas since its conception in late 2016. It caters to two main user groups: those who want to participate in tokenized staking using rETH with as little as 0.01 ETH, and those who want to stake ETH and run a node in the network to generate a higher ROI due to commissions earned.

What can Rocket Pool Provide?

Rocket Pool is designed to provide support for service providers, so that ETH staked through Software as a Service (SaaS) solutions can be utilized through Rocket Pool instead of setting up custom staking solutions for each client. Users have the option to pay a service provider or receive payment as an operator. By running a node with Rocket Pool, service providers can maximize their return by earning both in ETH and RPL. The protocol also enables teams to use their own infrastructure and use Rocket Pool to securely stake ETH in batches of 16 ETH, allowing them to earn higher returns on their capital.

Is Rocket Pool Safe?

Rocket Pool has undergone several audits by reputable firms such as Sigma Prime and Consensys Diligence, which have endorsed the protocol for its security and functionality. As a result, Rocket Pool is considered to be a secure and fully operational protocol.

Where to buy RPL Token

You can find RPL Token here at MEXC! We are listing RPL/USDT in our Innovation Zone!

What is the Price of RPL Tokens?

The price of the RPL token is $45.92 per unit. It has a market cap of 878,588,730 and a fully diluted market cap of $878,588,730. It also has a 24-hour trading volume of $19,443,219. You can check the live price of their token right here!

How to buy RPL Tokens

You can buy RPL Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “RPL” using the search bar to see the available trading pairs. Take RPL/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of RPL you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy RPL] to confirm your order. You will find the purchased RPL in your Spot Wallet.

You can find a detailed guide on how to buy RPL Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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