Rocket Pool

Halal Rating :
Questionable
Last Price $18.79 Last updated:
Rank 169
1D Change -2.83 %
Market Cap $382.82m
Circulating supply 20,369,080
Maximum supply None

Crypto Overview

Categories
  • DeFi
  • Liquid Staking Derivatives

Rocket Pool is Ethereum’s most decentralised liquid staking protocol. Liquid stakers can participate by depositing as little as 0.01 ETH to receive the rETH liquid staking token. Rocket Pool is a fully non-custodial solution, and its node operators are economically-aligned to perform well for stakers. Joining as a node operator is fully permissionless and requires just 16 ETH (instead of the usual 32). A boosted ROI is provided from both operator commission plus RPL rewards. The Rocket Pool team have been in the staking space since its inception in 2016, which gives them a pedigree and track record without peer.

Crypto Impact

To assign a comfort level investing in Rocket Pool from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Rocket Pool.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating