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Rocket Pool’s Ethereum staking service reaches $1B in TVL

Unlike conventional staking solutions, the capital requirements are far less, as users can run their own node with just 16 Ether (ETH) as opposed to the network specified 32 ETH, with another 16 ETH coming from a pool of users who join a decentralized node operator. For the latter, the deposit requirement is only 0.01 ETH. Depositors receive liquid staking token rETH in exchange for their ETH, which proves the user is entitled to staking rewards over time and accrues yield.

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Source: Cryptocurrency - investing.com

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