Rocket Pool ETH Price

Rocket Pool ETH ($RETH) is a liquid staking token that allows users to stake their Ethereum (ETH) and simultaneously receive a token representing their share in a liquidity pool engaged in staking activities. Unlike traditional staking methods requiring a substantial minimum deposit of 32 ETH, Rocket Pool democratizes access by enabling users to stake as little as 0.01 ETH.

When users deposit ETH into the Rocket Pool, they receive $RETH tokens, which constitute their proportional claim to the pooled ETH and all associated rewards earned through staking. As validators connected to Rocket Pool receive rewards for their staking activities, the participants get their due share of these rewards, making it an attractive option for individual investors who wish to earn passive income from their holdings.

Rocket Pool employs a unique architecture that decentralizes the validator operation process. The protocol outsources the technical and operational aspects of running Ethereum validators to a network of permissionless operators, effectively alleviating the burden from individual users.