Hi @ham , thanks for the feedback!
First of all, I really appreciate the recognition and support for Rocket Pool’s rETH. Regarding the development side, I’ve already completed a first version and am currently waiting for review from the team or the community. There are a few questions I’d like to clarify on the development front:
- Which branch should be used for development? At the moment, I’ve been working on the main branch.
- Since rETH does not use Chainlink for syncing the rate, we’ve deployed our own rate provider.
- Will the bsdETH allocation of rETH be handled via minting or swapping?
As for the incentive part — the RPL incentive is a one-time allocation, not distributed gradually over the year. The incentive will go directly to Reserve DAO, which can decide whether to use it for DeFi incentives related to bsdETH or for other growth strategies. From my perspective, the amount is quite significant.
It’s also worth noting that RPL tokens are distributed in a decentralized manner — unlike VC-backed projects, the Rocket Pool community does not hold a large reserve. So, from the Rocket Pool side, significantly increasing the incentive pool doesn’t seem likely at this time.