What is the current price of Rocket Pool (RPL)?

The current price of Rocket Pool (RPL) is 6.424382640665545 AUD, representing a -6.07 from the day prior.

Can I buy Rocket Pool (RPL) on Coinstash?

Yes - you can easily buy and sell Rocket Pool (RPL) on Coinstash. Simply login or sign up, to start buying Rocket Pool (RPL) in minutes.

Where is the best place to buy Rocket Pool (RPL) in Australia?

The best place to buy Rocket Pool (RPL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Rocket Pool (RPL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Rocket Pool (RPL)?

The trading volume of Rocket Pool (RPL) is 19.9M AUD in the last 24hrs, representing a -6.07 from the day prior.

How can I buy Rocket Pool (RPL)?

Rocket Pool (RPL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Rocket Pool (RPL)?

The current market cap of Rocket Pool (RPL) is 136.7M AUD.

Can I convert Rocket Pool (RPL) to cash?

Yes - With Coinstash you can convert your Rocket Pool (RPL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Rocket Pool (RPL) are there?

The current circulating supply of Rocket Pool (RPL) is 21.2M.

Is Coinstash a safe place to buy Rocket Pool (RPL) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Rocket Pool (RPL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Rocket Pool (RPL)

What is Rocket Pool?

Rocket Pool is a decentralised Ethereum staking protocol that enables users to pool their Ethereum (ETH) to run validator nodes on the Ethereum network. This approach reduces the infrastructure and technical requirements typically needed for node operators, making staking more accessible to a broader audience.

How does Rocket Pool work?

Rocket Pool operates on the Ethereum blockchain, leveraging its Proof of Stake (PoS) consensus mechanism. Users deposit ETH into smart contracts managed by Rocket Pool, which are then used to create validators. These validators earn staking rewards, and users receive rETH tokens, representing their stake in the pool. Rocket Pool uses a model called Minipool Validators, which combines user deposits with node operators' ETH to reach the 32 ETH required to create a validator. Node operators must stake Rocket Pool's native RPL token as collateral to ensure reliable performance.

What are the potential use cases for Rocket Pool?

Decentralised Ethereum Staking: Rocket Pool allows users to stake their ETH with lower entry barriers.
Liquid Staking: Offers rETH tokens, facilitating liquidity and allowing users to trade their staked ETH.
Node Operation: Provides an opportunity for users to run their own nodes with reduced ETH requirements.
Staking-as-a-Service: Suitable for entities looking to enhance returns through Ethereum staking services.
DeFi Integration: The rETH token bridges staked ETH with the wider DeFi ecosystem.

What is the history of Rocket Pool?

Rocket Pool was created in 2016 by David Rugendyke, with a focus on democratizing blockchain staking. It received seed funding from ConsenSys Ventures in 2018. After several years of development, the mainnet launched on October 6, 2021. The platform has seen significant growth and community expansion, supported by partnerships, VC investments, and improvements like the upcoming Dencun and Houston upgrades. These upgrades aim to enhance scalability and efficiency, further solidifying Rocket Pool's position in the market.