Interesting surprises await traders because, at the beginning of August 2023, Rocket Pool (RPL) Coin is ready to fill your portfolio.
Open deposits will start on August 2, 2023, at 14:00 WIB (UTC+7), and open trading will start on August 3, 2023, at 14:00 WIB (UTC+7).
Rocket Pool (RPL) is a decentralized Ethereum staking pool and works alongside the ERC-20 network.
Interested in knowing more about this one crypto asset? See all the interesting information about Rocket Pool (RPL) Coin below!
Rocket Pool (RPL) Coin Data and Information
Rocket Pool was launched by David Rugendyke, a senior developer with a computer science background who started designing Rocket Pool in late 2016.
Rocket Pool is a decentralized Ethereum staking crypto pool that offers up to 4.33% APR for ETH2 referrals. Users can join a rocket pool with a decentralized network of node operators or run their node with just 16 ETH.
In the latter case, they can earn commissions from Staking ETH and earn additional RPL rewards from providing RPL collateral, amounting to up to 6.36% APR for ETH and additional RPL rewards.
Liquid takers can participate by saving just 0.01 ETH to receive rETH liquid staking tokens. Rocket Pool is a completely non-custodial solution, and its node operators are economically aligned to perform well for stakes.
The Rocket Pool team has been in the staking space since its inception in 2016, which gives them a pedigree and peerless track record.
The uniqueness of Rocket Pool
Rocket Pool offers anyone to participate in the ETH2 briefing, regardless of their capital investment or level of technological sophistication. The core premise is to enable trustless ETH redirection to a decentralized network of autonomous nodes backed by RPL collateral.
Rocket Pool sees itself as a complementary service provider designated as a service. These providers can choose to maximize returns by joining Rocket Pool and running nodes, for which they receive rewards in ETH and RPL for the rewards.
This way, even big players like Gemini can use Rocket Pool by creating nodes staking 16 ETH each. This is where Rocket Pool staked ETH wrapper rETH comes into play.
rETH is the tokenized version of ETH in Rocket Pool, which allows speakers to engage from 0.01 ETH to 32 ETH. By staking their ether, users receive rETH in return, which automatically derives a reward calculation based on the performance of the node operator’s entire network.
The value of rETH is protected against cut insurance mechanisms, with node operators staking RPL on nodes as collateral for any penalties they incur.
Another way of interacting with Rocket Pool is through staking nodes. Users can deposit 16 ETH and are rewarded with an additional 16 ETH from users who deposit ETH and receive rETH.
In essence, you are staking 16 ETH and 16 ETH on behalf of the protocol. Rocket Pool automatically adjusts commission rates based on the supply and demand of operator nodes and available ETH.
With this model, operator nodes are rewarded for providing insurance to stakes if penalized. In addition, operator nodes must hold a minimum amount of RPL as collateral.
Rocket Pool (RPL) Coin’s crypto asset rating
The Rocket Pool (RPL) Coin crypto asset ranking update, according to CoinMarketCap, is currently #63, with an outright market capitalization of USD 624,517,375. It has a circulation supply of 19,547,496 RPL coins and a max. Supply not available
How to Buy Crypto Asset Rocket Pool (RPL) Coin on INDODAX
Those who want to buy the Rocket Pool (RPL) crypto asset can buy it on INDODAX starting August 3, 2023, at 14:00 WIB (UTC+7). Here’s how to buy it:
- Those who still need to become a member can register directly at INDODAX.
- After that, make a deposit, and if you need clarification, you can read how to make a deposit here.
- After your deposit and balance are entered, you can return to the INDODAX market.
- Look for the Rocket Pool (RPL) coin crypto asset on the IDR market, then click it.
- After entering, you must buy by filling in your balance and at what price you want to buy Rocket Pool (RPL). You can also buy
- it instantly or directly at the current price.
- After that, you need to wait for the price to increase for some time
- After the price increases, you can sell at a higher price with the instant method.
- If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.
So, that was the discussion about the latest crypto asset Rocket Pool (RPL) coin, which will be listed on INDODAX. From now on, don’t delay this golden opportunity to invest! With the presence of the latest crypto assets, This is on INDODAX.
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