Rocket Pool Protocol DAO Voting on Quorum Adjustments
Rocket Pool Protocol DAO Voting on Quorum Adjustments
🗳️ DAO Drama Unfolds
A significant governance vote is currently active for Rocket Pool's Protocol DAO, proposing to lower two key quorum thresholds:
- Proposal quorum reduction from 30% to 15%
- Veto quorum reduction from 51% to 20%
This follows the successful onchain initialization of all node operators. Node operators can participate in this important governance decision through RPIP-64.
How to Participate: Review and vote on RPIP-64
Following the successful onchain initialisation of all node operators, a vote is now underway to revise two key onchain Protocol DAO quorums downwards: ⬇️ Proposal from 30% to 15% ⬇️ Veto from 51% to 20% Node operators can review RPIP-64 & vote now: vote.rocketpool.net/#/proposal/0x0…
BTCS Leverages Rocket Pool for Enhanced ETH Staking Returns
NASDAQ-listed BTCS has implemented a strategic approach to ETH staking through Rocket Pool's smart contracts, achieving approximately 50% higher returns compared to traditional custodial solutions. Key points: - Rocket Pool offers permissionless staking from 8 ETH - Recently received SEC clarity on liquid staking compliance - Platform supports decentralization through thousands of global node operators - Provides bonus staking commission opportunities The move demonstrates how institutions can leverage decentralized protocols for treasury management while supporting Ethereum's core values of credible neutrality and censorship resistance. [Watch the full community call](https://youtu.be/WWfRkORCvIs)
Rocket Pool's Governance System Sets New Standards for DAOs
Rocket Pool has established itself as a leader in DAO governance through three key features: - **Permissionless Decision-Making**: Anyone can participate in governance - **Robust Voting Mechanism**: Quadratic voting power tied to staked $RPL - **Decentralized Onchain Execution**: Automated implementation of decisions The protocol's governance design protects against centralization by requiring node operators to stake $RPL for voting power. This approach aligns with Ethereum's core values and helps maintain network decentralization. *Recent activation of onchain governance marks a significant milestone in Rocket Pool's evolution toward becoming one of the most resilient DAOs in the ecosystem.*
Rocket Pool DAO Approves BOLD Stablecoin Integration for Payments
Rocket Pool's DAO has approved a significant treasury management update, integrating Liquity Protocol V2's BOLD stablecoin for certain payments. BOLD is a decentralized stablecoin backed by rETH with overcollateralization. Key points: - BOLD stablecoin is immutable and overcollateralized - Backed specifically by rETH collateral - Integration approved through DAO governance For detailed information, view the complete GMC Treasury Report at [dao.rocketpool.net](dao.rocketpool.net/t/gmc-202)
Smart Node v1.16.0 Release Announcement
The Smart Node protocol has released version 1.16.0, bringing important updates for node operators. Key updates include: - Multiple client updates - New features - Recommended upgrade for all node operators Node operators should review the complete changelog at [GitHub Release Notes](https://github.com/rocket-pool/smartnode/releases/tag/v1.16.0) before proceeding with the upgrade. Additional support and discussions are available on the Discord channel.
Rocket Pool Smoothing Pool Distributes 50 ETH in June Payout
The Rocket Pool Smoothing Pool completed its June distribution, paying out 50 ETH to eligible node operators. This represents a slight decrease from April's 51 ETH distribution. Key features of the Smoothing Pool: - Free opt-in participation - No fees - 28-day distribution cycle - Stable rewards vs volatile Execution Layer Node operators can join anytime to earn their share of pooled ETH rewards.