Glossary
Rocket Pool
Ethereum's second-largest liquid staking protocol — uses a permissionless node operator set bonded by RPL, with rETH as its yield-bearing receipt.
Rocket Pool launched in 2021 as a permissionless alternative to Lido. Anyone can run a Rocket Pool minipool by bonding 8 ETH (their own stake) plus RPL collateral, and the protocol assigns matched 24 ETH from the deposit pool. Stakers receive rETH, a non-rebasing yield-bearing token.
The model trades a slight yield haircut (operators take a margin) for materially better decentralization than custodial-feeling alternatives. rETH is widely used as DeFi collateral, especially in markets that prefer Rocket Pool's distribution properties.