/biz/ - Business & Finance

>largest truly decentralized eth staking solution
>rank #102
>was rank #130 last week and growing rapidly

Yeah, I think biz is gonna sleep on this one until it is at rank #20 or so.

I think RPL (Rocket Pool) is a pretty cool guy. What does /biz/ think?

biz, give me your opinion about Rocket Pool.

Is the pump artificial?
How much ETH is a RPL worth?
What are the competitors?

As the price of ETH rises, more and more people will be priced out of validating. Therefore, those looking to join pools will far outnumber the validators, which will cause the number of RPL needed in a deposit to go very low.

However, joiners will not wait in the queue forever for new validators, so capacity utilization will still fluctuate, which will necessitate that the RPL deposit be, at times, of such value as to be prohibitive of new validators.

But since there will be such a demand to join pools relative to the number of validators, it is not likely that the RPL:ETH ratio for deposits will ever go above 1:1.

So if the RPL deposit size is always small but at times needs to be of high value, that means the RPL price needs to, at times, be high.

Since the RPL deposit size is far more reactive than the RPL price to network conditions, this means almost all of the utilization control will be done by the deposit size and not price.

Well, if price isn't fluctuating very much, and it needs to at times be high, that means it will most likely just stay high.

Talk to me about the tokenomics and price outlook for RPL.