Rocket Pool ETH, commonly known as rETH, is a liquid staking token that operates within the Rocket Pool decentralized staking pool protocol designed for Ethereum. This innovative protocol allows users to stake their Ethereum in a decentralized manner, enhancing the staking experience and accessibility for all participants. The rETH token serves as a representation of the Ethereum staked within the Rocket Pool ecosystem, earning rewards as part of the Ethereum Proof-of-Stake network. As node operators stake their Ethereum, the rewards they generate contribute to the increasing value of rETH in relation to ETH. This mechanism enables holders of rETH to benefit directly from the staking rewards, enhancing their overall returns. By utilizing rETH, investors can engage with the Ethereum staking process while maintaining liquidity. This feature allows users to hold and trade rETH, providing flexibility and opportunities within the broader DeFi ecosystem. Rocket Pool's focus on decentralization and community-driven participation positions rETH as a valuable asset for those looking to stake Ethereum while enjoying the benefits of a liquid staking solution.