Bi-weekly update, 18 June 2024
Protocol update, over the last two weeks:
+ rETH supply declined -0.4% to 504,339 — annualised decline of -11%.
+ Pending/active minipool count declined -1.1% to 23,685 — annualised decline of -28%.
+ Node operator count increased 0.3% to 3,694 — annualised growth of 8%.
Smart Node:
+ Smart Node v1.13.3 was released - a maintenance release with bug fixes, client updates, and minor new features.
+ Subsequently, version v1.13.4 resolved an issue related to checking the primary/fallback status and also included a new Besu version.
+ Later, version v1.13.5 fixed a bug by adding a missing reference to an Atlas contract to fetch past events.
R&D:
+ Houston is live on mainnet! You can rewatch the EthStaker livestream here: (https://www.youtube.com/watch?v=OnA3a2z8FJU).
+ A belated 2024 Q2 roadmap update was shared: (https://dao.rocketpool.net/t/protocol-development-q2–2024/3045).
Governance:
+ A tokenomics rework explainer was shared, along with a request for feedback: (https://dao.rocketpool.net/t/tokenomics-rework-update-1-new-explainers/3014).
+ Feedback was sought on Rocketlend, a proposed decentralised on-chain marketplace for borrowing/lending staked RPL: (https://dao.rocketpool.net/t/rocketlend-interest/3066).
+ There was discussion about the protocol DAO security council: (https://dao.rocketpool.net/t/protocol-dao-security-council/3050).
+ Feedback was requested on sentiment polls about the three proposed Saturn RPIPs: (https://dao.rocketpool.net/t/rpip-balance-submission-guardrail/3010/1), (https://dao.rocketpool.net/t/rpip-mev-penalty-guardrail/3009), (https://dao.rocketpool.net/t/rpip-node-distributor-user-fund-unbundling/3008).
+ Discussion restarted on an old thread about a roadmap & strategy committee: (https://dao.rocketpool.net/t/roadmap-strategy-ad-hoc-committee/1695/4).
+ Feedback was requested on a proposed notifications system: (https://dao.rocketpool.net/t/rocket-pool-notifications/3048).
+ The GMC put out a request to write a definition in support of the bounty program: (https://dao.rocketpool.net/t/bounties-june-2024/3041).
+ The GMC opened Round 14 of Grants, Bounties, & Retrospectives: on the DAO Governance Forum: (https://dao.rocketpool.net/).
+ The latest pDAO treasury report was shared: (https://dao.rocketpool.net/t/pdao-2024–05–09–2024–06–06-treasury-report/3016).
+ There was discussion and feedback sought regarding the rewards tree distribution: (https://dao.rocketpool.net/t/generalized-rewards-tree-distribution/3018).
Integrations:
+ A new DEX now supports trading spot RPL: (https://x.com/DeGateDex/status/1800361666343010669).
+ rETH was added as HAI collateral: (https://x.com/letsgethai/status/1798813833156542694).
Media & Marketing:
+ There was a surge in interest in Rocket Pool on Twitter/X following recent positive RPL price action. The Rocket Pool Intern has been hard at work sourcing and sharing the latest news: (https://x.com/RP_Intern).
+ Media coverage included a piece from Unchained Crypto: (https://x.com/laurashin/status/1801767451023003851).
+ Jasper & Langers discussed Houston opportunities on the latest community call (https://www.youtube.com/watch?v=rQ_mMslerk0).
+ Kane spoke with Waq about the Houston and Saturn upgrades: (https://x.com/adamshurwitz/status/1801675754758955147).
+ Ken spoke with Heroglyphs about an interesting opportunity for node operators: (https://x.com/hero_glyphs/status/1800626871853539652).
+ The latest RPLDefi update is available: (https://x.com/StakeRocketPool/status/1801742216026853730).
+ Liquid stakers using Numa can enjoy additional rewards from Arbitrum LTIPP incentives: (https://x.com/numamoney/status/1802701125671690625).
+ Silo Finance received OP grant incentives and directed some towards rETH: (https://x.com/RP_Intern/status/1803077903694926192).
+ RPL has a new exchange listing, but DYOR first: (https://x.com/KCEX_Official/status/1801600506508546357).
+ RPL was also listed on a prediction platform: (https://x.com/OrioleInsights/status/1801582785737404610).
+ Time is running out to claim the Starknet airdrop for node operators & liquid stakers. Please take care, don’t rush, and be safe: (https://discord.com/channels/405159462932971535/405163979141545995/1251004887089680384), (https://x.com/RP_Intern/status/1801447277497626994).
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.
