Coinbase Ventures Joins Liquid Staking Protocol Rocket Pool’s Oracle DAO

by Jeremy

As such, Coinbase Ventures will obtain a share of the 15% of the overall RPL inflation produced at every rewards interval devoted to Rocket Pool’s Oracle DAO. RPL, the native token for the Rocket Pool ecosystem that gives direct incentives, insurance coverage and governance for protocol in line with a weblog submit, has traded flat in April, ranging between $43 and $44, per CoinGecko. Moreover, rETH, Rocket Pool’s staking by-product, has a premium towards ETH: On Uniswap, 1 rETH swaps for 1.07295 ETH at press time.

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