Bi-weekly update, 12 March 2024
Protocol update, over the last two weeks:
+ rETH supply declined -1.5% to 550,145 — annualised decline of -39%.
+ Pending/active minipool count declined -1.7% to 25,673 — annualised decline of -44%.
+ Node operator count increased 0.6% to 3,586 — annualised growth of 17%.
Smartnode:
+ v1.11.9 is a recommended update for all node operators, and is mandatory for anyone who hasn’t updated to v1.11.8 yet or is still running MEV-Boost v1.6: (https://discord.com/channels/405159462932971535/918351974406172723/1216870707145867374).
R&D:
+ The Team participated in ETH Denver and Denver Lift Off.
+ The Houston launch date was announced as May 6, 2024 at 00:00 UTC: (https://x.com/RocketscanIO/status/1764416081144193270?s=20).
Governance:
+ Two votes regarding the Eigenlayer integration are live now: (https://vote.rocketpool.net/#/).
+ Potential new tokenomics options were presented during Denver Lift Off and plenty of discussion followed: (https://x.com/RocketscanIO/status/1764422047227154459?s=20).
+ GMC Round 11 is now live until April 7: (https://dao.rocketpool.net/).
+ Feedback was sought on the merchandise store art contest: (https://dao.rocketpool.net/t/vote-merchandise-store-art-contest/2779).
+ There was discussion about funding the Discord support channel: (https://dao.rocketpool.net/t/funding-support-moving-forward/1530/13).
+ The latest GMC treasury report is available now: (https://dao.rocketpool.net/t/gmc-2024-02-01-2024-02-29-treasury-report/2766).
Integrations:
+ The rETH/ETH Balancer LP incentives on Arbitrum have been migrated to a new pool: (https://x.com/Balancer/status/1767370813404287475?s=20).
+ A new lending protocol now supports rETH, but DYOR first: (https://x.com/StrikeFinance/status/1764590739814527062?s=20), (https://x.com/StrikeFinance/status/1766199420742222041?s=20).
+ A new staking index uses rETH as a component: (https://x.com/StakingRewards/status/1763227042043101274?s=20).
+ View more DeFi opportunities in the latest RPLDeFi Update: (https://x.com/StakeRocketPool/status/1766381488260444302?s=20).
Media & Marketing:
+ There were multiple interviews, speaking opportunities, and other fun events at ETH Denver: (https://x.com/EthereumDenver/status/1763332921358794995?s=20), (https://x.com/EthereumDenver/status/1762952960760258986?s=20), (https://x.com/Nofuturephoto/status/1765062838341505433?s=20), (https://x.com/KevinDeRug/status/1763686019478503823?s=20).
+ Denver Lift Off recordings are being made available now on YouTube: (https://www.youtube.com/channel/UCRHF66zKVWNrHWCm_lGXFOw).
+ A video guide about staking with Rocket Pool was created: (https://x.com/ProDJKC/status/1765032313962811697?s=20).
+ Ken & Superphiz joined a staking Twitter Space hosted by Bankless Academy: (https://x.com/OrnellaWeb3/status/1764595926688010366?s=20).
+ Rocket Pool TVL has been increasing and has now exceeded $4.3bn as measured by DefiLlama: (https://x.com/RP_Intern/status/1764736469741007263?s=20).
+ There was a lot of content created about Rocket Pool by Twitter KOLs recently: (https://x.com/DetectiveCatz/status/1763462781779791993?s=20), (https://x.com/jiamiying/status/1763524427713765614?s=20), (https://x.com/0xLide/status/1761867677029794136?s=20), (https://x.com/Badmanbtc/status/1766126138731159824?s=20), and you can follow the Rocket Pool Intern to stay up to date with all the latest news: (https://twitter.com/RP_Intern).
+ Sassal talked about Rocket Pool during The Daily Gwei: (https://x.com/RP_Intern/status/1762187409528095227?s=20).
+ A restaking protocol created some content about Rocket Pool: (https://www.inceptionlrt.com/blog/a-deep-dive-into-rocket-pool-and-r-eth/).
+ RPL has new listings, but DYOR first: (https://x.com/RP_Intern/status/1767191212140716150?s=20), (https://x.com/klever_io/status/1765810318020632833?s=20).
About Rocket Pool:
Rocket Pool is Ethereum’s most decentralised liquid staking protocol. Its 3,200+ worldwide node operators have staked over 810,000 ETH representing over 3% of all Ethereum staked. Liquid stakers can participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. Rocket Pool is a fully non-custodial solution, and its node operators are economically aligned to perform well for stakers. Joining as a node operator is fully permissionless and requires just 8 ETH (instead of 32). A boosted ROI is provided from both operator commission plus RPL rewards. The Rocket Pool team have been in the staking space since its inception in 2016, which gives them a pedigree and track record without peer. Comments and views expressed in this content do not constitute any kind of advice, financial or otherwise.
