Introduction

Staking Rocket Pool is an excellent choice for those looking to hold RPL while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.

Comprehensive Guide

1. 1. Acquire Rocket Pool (RPL) Tokens

   To stake Rocket Pool, you first need to acquire it. You can purchase Rocket Pool from various 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

   View all 46 prices

2. 2. Select a Rocket Pool Wallet

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

3. 3. Delegate Your RPL

   We suggest using a staking pool for staking RPL. It's easier and quicker to start. A staking pool consists of validators who pool their RPL, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 4. Begin Validation

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

Key Considerations

Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.