Name: ETH Staking: Lido vs Rocket Pool, Centralization Risk, $RPL + $RETH Utility
Uploaded: 2023-10-23T00:00:00+00:00
Duration: 1 h 3 min 31 s
Description: Darren Langley is the general manager of Rocket Pool which provides liquid staking services for ETH holders. Liquid staking on Ethereum has been a major trend this year as it enables ETH holders to ea

2 years ago

Darren Langley is the general manager of Rocket Pool which provides liquid staking services for ETH holders. Liquid staking on Ethereum has been a major trend this year as it enables ETH holders to earn rewards by staking on the Ethereum network while additionally allowing stakers to seek financial opportunities with their staked ETH. In our conversation we will get into the Rocket Pool story since their ICO, details of what it takes to become an Ethereum validator and node operator, the utility of their native token, the issue of centralization among liquid staking protocols, and more. But first, Darren will begin with an introduction to Rocket Pool.

Chapters
0:42 What is Rocket Pool?
1:55 Solo Staking vs Liquid Staking
6:34 Rocket Pool's Business Model & $RPL Token
10:36 Rocket Pool's History
20:13 Centralization Issue
28:17 Why Validator Queue Is Down
35:30 Risks of Centralized Staking
44:10 $RETH and $RPL Utility
50:54 What's Next for Rocket Pool