Rocket Pool 2.5 — Tokenised Staking

rETH — Your new instant tokenised staking deposit Tokenised Staking Deposits When a user deposits into the Rocket Pool network, they will instantly receive the rETH token which represents a tokenised staking deposit and the rewards it gains over time in the Rocket Pool network. This token does not need to be locked within the network to gain rewards and it can be traded, sold or held as the user desires, all from the moment they deposit ETH for staking. This token can instantly be used in DeFi apps and allows DEXs, wallets the ability to offer instant staking services. Importantly, this token also provides Rocket Pool users with liquidity over Phases 0 and 1 of the ETH2 rollout, in which any staking deposit is locked. When smart contracts are natively enabled on ETH2 during Phase 2, a smart contract will be deployed that will allow users with the rETH token to burn it for ETH. You will also now be able to deposit into Rocket Pool with as little as 0.01 ETH, and for you whales out there, no maximum limit applies. What’s different from 2.0? rETH did exist in Rocket Pool 2.0, but it was a 1:1 token that could be traded for BETH when the user’s staking duration was completed (min 3 months). It is now much more flexible, and has a dynamic trade-in ratio for BETH — its value increases as the Rocket Pool network earns rewards. The minimum deposit limit has also been reduced significantly, and the maximum limit has been lifted entirely.