Rocket Pool RPL to GreenPower GRN Exchange

Crypto Pair Details: RPL to GRN

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.

GreenPower GRN

GREENPOWER has been designed to serve as a global rewards currency. GREENPOWER was developed on world-class blockchain technology (Graphene) and features a highly-efficient operating model. The system confirms transactions in just three seconds and has the capacity to process over 100,000 transactions per second. The currency has a fixed supply of coins that has been distributed during the past two years to over 150,000 accounts in over 180 countries. GREENPOWER is a store-of-value unit at the center of an ecosystem of companies, each of which is working synergistically to enhance the overall value for all participants. GREENPOWER is intended to be the currency used as loyalty rewards by millions of merchants worldwide.

SOURCE: COINGECKO

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