Rocket Pool is a permissionless Ethereum staking protocol whose Staking-as-a-Service (SaaS) solution caters to two groups: ETH Stakers and Node Operators. Rocket Pool enables users to stake and earn rewards on the Ethereum Beacon Chain without having to meet the 32 ETH deposit, hardware, and/or technical requirements to run a validator. Users can stake ETH using Rocket Pool with as little as 0.01 ETH to receive the protocol’s ERC-20 liquid staking derivative token, rETH, representing the value of the underlying staked ETH plus accrued ETH staking rewards

Node operators with Rocket Pool can operate Beacon Chain validators at a lower capital cost than independently creating an Ethereum validator themselves while also benefitting from additional incentives. Ethereum validators on the Beacon Chain must have 32 ETH staked as collateral to be included in the blockchain’s validation process. To create a Rocket Pool minipool, node operators must only stake 8 or 16 ETH. The remaining 24 or 16 ETH to reach the 32 ETH requirement is sourced from the ETH that users have deposited into Rocket Pool in exchange for rETH.