Bi-weekly update, 27 February 2024
Protocol update, over the last two weeks:
+ rETH supply declined -0.5% to 558,473 — annualised decline of -14%.
+ Pending/active minipool count declined -1.6% to 26,116 — annualised decline of -41%.
+ Node operator count increased 0.5% to 3,563 — annualised growth of 12%.
Smartnode:
+ v.11.8. is pending final client updates for Dencun before being released.
R&D:
+ Team members are boarding their flights to ETH Denver.
+ Houston testing continues, along with release timeline planning.
+ New Rocket Pool brand kit.
+ Working on RPIP-30 updates.
+ EIP4626 smart contract wrapper review.
Governance:
+ The GMC closed Round 9 of Grants, Bounties, & Retrospectives, and opened Round 10: (https://dao.rocketpool.net/).
+ The GMC has drafted a new RPIP to supersede RPIP-26 and is seeking feedback: (https://dao.rocketpool.net/t/gmc-updates-proposal/2750).
+ The GMC is seeking submissions for a merchandise design contest: (https://dao.rocketpool.net/t/merchandise-store-art-contest/2754).
+ Feedback is being sought on draft RPIP-39 which proposes to create incentives to encourage bounty participation: (https://dao.rocketpool.net/t/rpip-39-bounty-incentives/2753).
+ There was some discussion reflecting on the Rapid Research Incubator: (https://dao.rocketpool.net/t/rapid-research-reflection/2738).
Integrations:
+ An update to the RPLDeFi document highlighted opportunities for rETH and RPL token holders: (https://x.com/StakeRocketPool/status/1760825202773016823?s=20).
+ B.Protocol now supports rETH leveraged staking: (https://x.com/bprotocoleth/status/1758493868629037246?s=20).
+ A bridge now supports moving rETH between Ethereum mainnet, Arbitrum, Optimism, & Polygon: (https://x.com/BungeeExchange/status/1758151406467649860?s=20).
+ Ramses, an Arbitrum DEX, now supports rETH: (https://x.com/RamsesExchange/status/1757845160183148894?s=20).
Media & Marketing:
+ There was a lot of discussion about a draft tokenomics proposal: (https://x.com/RP_Intern/status/1761145036874404049?s=20), (https://www.youtube.com/watch?v=5Ds6gOp7JjY&t=963s).
+ Langers presented to a university hackathon: (https://x.com/U_HackWeb3/status/1761803247998611669?s=20), joined a Nimbus community call, (https://x.com/ethnimbus/status/1756949980659749279?s=20), and will be speaking at ETH Denver: (https://x.com/EthereumDenver/status/1760375146118840488?s=20).
+ ETH Bucharest has offered Rocket Pool community members a 30% ticket discount for their event on 27–30 March: (https://app.guts.tickets/c9jqnt/d9kafe).
+ Bankless Academy published a lesson about staking with Rocket Pool: (https://x.com/BanklessAcademy/status/1760334484606447810?s=20).
+ RPL has a new exchange listing, but DYOR first: (https://x.com/Bluebit_io/status/1759169658471547224?s=20).
+ Protocols created content highlighting defi rETH opportunities: (https://x.com/Morpho_Intern/status/1758505030603215057?s=20), (https://x.com/0xflatmoney/status/1760046709621805170?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.
