CanYaCoin CAN to Rocket Pool RPL Exchange

Crypto Pair Details: CAN to RPL

CanYaCoin CAN

CanYa is a peer to peer market of skilled services - where users are instantly connected to service providers. Unlike most ICO's we already have a working product, high user growth and an experienced team. We launched our initial product to Australia earlier this year and now we're conducting an ICO to fund expansion into the international market as well as launching CAN token. CanYa has again raised the bar for ICOs following a major acquisition of Bountysource and its passionate 46,000 open-source developer community.

Rocket Pool RPL

Rocket Pool is a next generation decentralised staking network and pool for Ethereum 2.0 Rocket Pool is a self-regulating network of node operators; it automatically adjusts its capacity to match demand. The Rocket Pool protocol token is used to maintain an optimal capacity by: Increasing capacity when needed, by incentivising node operators to join. Decreasing capacity when not needed, by disincentivising node operators from joining. In addition to depositing ETH, a node operator is required to deposit a set amount of RPL per ether they are depositing. This RPL:ether ratio is dynamic and is dependent on the network utilisation. E.g: If the network has plenty of capacity, then node operators need more RPL to make deposits. It gets progressively more expensive in terms of RPL to make node deposits when the network does not have enough ETH from regular stakers to be matched up with node operators. This helps prevent several attack vectors outlined in the whitepaper and keeps assignment of ether ‘chunks’ to nodes quick. If the network is reaching capacity, then node operators need less RPL to join as the network needs more node deposits to be matched up with regular users deposits. If the network is maxed out and needs node operators to join quickly, it even drops to 0 for the first one to make a deposit.

SOURCE: COINGECKO

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