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Rocket Pool’s rETH Launches On Aave V3

Twitter icon  •  Published 1 year ago on February 14, 2023  •  Hassan Maishera

The Aave team announced via Twitter on Monday that Rocket Pool’s rETH is now live on the Aave V3 market.

Rocket Pool’s rETH Launches On Aave V3

The Aave team announced via Twitter on Monday that Rocket Pool’s rETH is now live on the Aave V3 market. Rocket Pool is a decentralized Ethereum staking protocol, which allows investors to stake their ETH coins and earn annual returns in the process. 

Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $82.0 per token, up by 6% in the last 24 hours. 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.