Ethereum liquid staking protocol deployed on zkSync Era


Rocket Pool, the ETH staking provider, recently deployed its protocol on the zkSync Era network. This is a big step forward for Ethereum, as it is the first time a staking protocol is integrated into this network.

This news offers many advantages to investors, such as faster speed and lower transaction fees. Find out how this rollout on zkSync Era opens up new opportunities for ETH staking and the benefits it brings to investors.

The benefits of deploying Rocket Pool on zkSync Era

Announced on June 1, Rocket Pool, the Ethereum (ETH) staking service provider, has been successfully deployed on the zkSync Era network.

Ethereum staking provider, Rocket Pool, was deployed on the zkSync Era networkwhich will reduce interaction costs with its native liquid staking token.

This deployment makes Rocket Pool the first Ethereum liquid staking protocol to be deployed on this recently launched networkthus joining the 58 projects already active on this platform.

Rocket Pool is coming to @zksync Era!

Soon you will be able to deposit your ETH on zkSync Era by simply keeping rETH in your wallet. Just like on mainnet and other L2s, $rETH will continue to automatically accumulate staking rewards.

The Ethereum liquid staking protocol has highlighted the benefits offered to investors, including faster transactions and lower costs.

Rocket Pool: An Ethereum Liquid Staking Protocol Powered by zkSync Era

These improvements are made possible through the use of zero-knowledge proofs from zkSync Era, which represents a crucial step in their mission to break down barriers and enable everyone to participate in the Ethereum-based staking system. on proof of stake.

ZkSync Era is a layer 2 network on Ethereum that uses zero-knowledge proofs to secure all transactions. It went live in March as the first network of its kind, natively compatible with Ethereum, which allows applications to be easily deployed.

Rocket Pool is a leading Ethereum liquid staking provider, offering users the ability to stake their ether and receive rETH in return, thereby unlocking liquidity that would otherwise be tied up. It is a more decentralized liquid staking protocol run by node operators.

One notable difference between Rocket Pool and some other liquid staking providers is that its token is non-re-indexed. Which means he increases in value in ether rather than handing out additional tokens as a reward to token holders.

Source: Theblock

If you want to learn more about the features and opportunities offered by zkSync Era, we invite you to check out our other exciting articles:





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