| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The project has a well-defined path and a legitimate blockchain product, while the token/coin has a fundamental underlying value that qualifies it as a "Mal" or asset. | Passed |
| Project | Rocket Pool is a cryptocurrency project that aims to create a decentralized Ethereum 2.0 staking network. The project allows users to deposit their Ethereum (ETH) into a pool and receive a share of the rewards generated by the pool's validators. Rocket Pool uses a unique architecture that allows for decentralized node operation and provides built-in redundancy, security, and efficiency. | Grey |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The RPL token is used for staking, governance, fee payment, and network participation on the Rocket Pool network. It incentivizes participation and gives users a say in the platform's future direction. Validators are required to hold RPL, which helps ensure network security and reliability. | Passed |
| Staking Method | Rocket Pool's staking protocol pools together users' ETH deposits to form a larger stake, which is then divided among validators on the Ethereum 2.0 network. When validators earn rewards, a portion is distributed back to Rocket Pool users, allowing them to earn rewards without running their own validator node. Rocket Pool charges a small fee taken from the rewards earned by validators to cover platform costs. | Passed |
Read the source document and verify project fundamentals.