Introduction

Rocket Pool is a staking pool for Ethereum 2.0. The protocol aims to reduce the money and hardware requirements for ETH 2.0 staking, enhancing Ethereum's decentralization and security. Rocket Pool does this by allowing customers to put their faith in a network of node operators.

Rocket pool

Rocket Pool was first created in late 2016 utilizing Vitalik's Mauve Paper.

The pool works with certain constraints: Instead of rebasing, this innovative liquid staking token accrues while utilizing a growing exchange rate, which is preferable for DeFi and tax reporting. Nodes with Intelligence

Any user/business/group may host a node on our network using our own node software, stake their own ETH for free, and get a larger return.

The Rocket Pool network is built on the principles of redundancy and decentralization. This strategy minimizes any possible problems and their consequences. Smart Contracts are a type of contract that is used to

Smart contracts that are open source and audited ensure that monies are never in the hands of node operators. Any losses incurred by stakers who deposit ETH are shared across the whole network to reduce the impact on any single user. Infrastructure

Methodology

The fact event logs of the Ethereum Core data are checked for the rocket pool where the transactions to the pool are checked for staking in the rocket pool and the sum of the amount staked is calculated. In addition to this, the amount that is outflowed as rETH is also analyzed to see the liquidated capital. Both the params are aggregated on daily basis and the trend of the deposited is also analyzed for the past 3 months.

This table here lists the amount that is staked in the rocket pool of the Ethereum core data per day.

The assets that are staked over time in the rocketpool is bar-graphed here. The maximum amount staked corresponds to March 10 which is about 416k of tokens in the past three months.

The table lists the outflow of the rETH tokens outflowed from the rocketpool contract and this corresponds the analysis of the reduced amount.

The amount of the assets that outflowed is charted here with the data of the past three months.The highest outflow happened on February 17 and it was worth about 52k.

The trend in the deposit of the ETH tokens into the protocol is analyzed over here. The trend observed in the average deposit is the same as the historical staked ETH over the chosen period of time.