Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade

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Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade
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.Rocket_Pool, an Ethereum-based staking service, rolled out an update that cuts capital requirements to stake $ETH. reports

Rocket Pool’s recent upgrade gives node operators immediate access to their staking rewards and lowers the barrier of entry to spin up an Ethereum validator, or “minipool,” in the protocol’s parlance. Instead of providing 16 ether , node operators can supply just eight plus some RPL – Rocket Pool’s governance token – to form a minipool, decreasing the amount of capital required to participate in Ethereum’s staking process.

“Minipools with only 8 ETH bonded by their owning node operator are matched with 24 ETH from the staking pool in order to make a validator,” according to Rocket Pool

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