Eth2’s Rocket Pool reached $350 million in TVL and 635 node operators in five weeks Author: Cointelegraph

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Rocket Pool (NASDAQ:) is a decentralized 2.0 staking platform. Within five weeks of its official launch, the total value lock (TVL) has exceeded 350 million U.S. dollars.

The project aims to eliminate entry barriers for Eth2 pledgers and node operators. It allows any user to run a node with 16 ETH (59,000 USD), which is half of the 32 ETH (119,000 USD) required for the Eth2 deposit contract. Users with as little as 0.01 ETH can also pledge their funds and get income.