Rocket Pool RPL to Tokenomy TEN Exchange

Crypto Pair Details: RPL to TEN

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.

Tokenomy TEN

Tokenomy aims to foster financial inclusion and provide access to anyone who wants to be connected with alternative funding networks and global innovation. The founders of Tokenomy are the leading members from Bitcoin Indonesia, one of the largest bitcoin and blockchain startup in South East Asia with over 900,000 registered users. Starting as a token exchange, Tokenomy’s goal is to become a one-stop platform providing both tokenization and liquidity. The goal is to offer a global token market access on one hand, and the ability for anyone, from small entrepreneurs to large enterprise businesses, to issue proprietary tokens and plug themselves into crypto liquidity pool for reliable and easy crowdfunding on the other. Tokenomy aims to provide a token exchange first, and tokenization platform later which solves the aforementioned issues of token sales, allowing anyone to tokenize their services and products and conduct a crowdfunding. By having a shared login with Bitcoin.co.id, which has over 900,000 users, Tokenomy instantly has access to a huge user pool.

SOURCE: COINGECKO

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