rETH is a liquid staking token issued by Rocket Pool, a decentralized staking protocol for Ethereum. When users deposit ETH into Rocket Pool, they receive rETH, which can be redeemed for ETH at any point.

By using rETH, participants can stake their ETH without sacrificing liquidity, a stark difference from traditional staking which generally requires ETH to be locked for longer durations. Being part of the decentralized Rocket Pool protocol ensures that no single entity has control, enhancing the security and reliability of the investment compared to centralized counterparts.

Rocket Pool is designed with scalability in mind, catering to a wide array of users including institutional investors. Staking through Rocket Pool allows users to earn rewards in the form of ETH. Furthermore, rETH can be integrated into DeFi applications, expanding its utility to lending and borrowing platforms, among others.

In 2023, with the completion of the Ethereum Shanghai upgrade, more and more users are choosing to stake ETH through liquidity staking protocols. Rocket Pool, as a leading protocol in this field, has become the choice of many new users, and the market value of rETH is also constantly rising.

Above are only for introduction, not intended as investment advice.