Rocket Pool vs. the Competition - Liquid Staking Insights & Ethereum Shanghai Upgrade
In this video, Darren Langley, General Manager at Rocket Pool, explains Ethereum staking and liquid staking in under 6 minutes. He discusses the competitive landscape between Rocket Pool, Lido, and Coinbase, and the upcoming Ethereum Shanghai upgrade that will allow potentially unstaking $33.8 billion worth of ETH. After the upgrade, it is expected that Ethereum's staking ratio will increase to around 40%, which could benefit liquid staking providers like Rocket Pool. Darren also talks about the role and functions of RPL as a backstop collateral and incentivization mechanism for staking. With the release of Atlas, the barrier of entry for staking has been lowered from 16 ETH to 8 ETH for node operators.