Introduction

Staking Rocket Pool ETH can be a great option for those who want to hold RETH but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Rocket Pool ETH (RETH) Tokens

   In order to stake Rocket Pool ETH, you need to have it. To obtain Rocket Pool ETH, you'll need to purchase it. You can choose from these popular exchanges.

2. 2. Choose a Rocket Pool ETH Wallet

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

3. 3. Delegate Your RETH

   We recommend using a staking pool when staking RETH. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their RETH, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   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 ETH network. You'll be rewarded with RETH for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.