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Rocket Pool is a decentralized liquid staking protocol for Ethereum that allows users to earn rewards on their ETH holdings. It enables individuals to stake any amount of ETH without needing to run their own node, unlike Ethereum's native system which requires a minimum of 32 ETH. Rocket Pool achieves this by issuing an rETH token, a tokenized version of staked ETH, which accrues staking rewards and is protected against slashing through insurance mechanisms. The platform also supports decentralized node operators and offers "smart nodes," custom software that allows anyone to run a node on its network. Rocket Pool was founded in late 2016 by David Rugendyke.
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