Introduction

Staking Rocket Pool can be a great option for those who want to hold RPL while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Rocket Pool (RPL) Tokens

   To stake Rocket Pool, you need to own it. To obtain Rocket Pool, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Binance	Rocket Pool (RPL)	2.03
   Coinbase	Rocket Pool (RPL)	2.03
   Kraken	Rocket Pool (RPL)	2
   OKX	Rocket Pool (RPL)	5.31
   Uphold	Rocket Pool (RPL)	6.13
   Azbit	Rocket Pool (RPL)	2.02

   See all 46 prices

2. 2. Choose a Rocket Pool Wallet

   Once you have RPL, you'll need to choose a Rocket Pool wallet to store your tokens. Here are some great options.

3. 3. Delegate Your RPL

   We recommend using a staking pool when staking RPL. It's simpler and quicker to get started. A staking pool is a group of validators who combine their RPL, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Rocket Pool network. You'll be rewarded with RPL for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.