# \[RFC\] Collateral Basket Change Proposal: Adding Rocket Pool ETH (rETH) to the Based ETH Collateral Basket

**URL:** <https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119>\
**Category:** Based ETH (bsdETH)\
**Created:** [April 1, 2025, 10:02am UTC](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119 "2025-04-01T10:02:15Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![signal](https://dub1.discourse-cdn.com/flex005/user_avatar/forum.reserve.org/signal/32/692_2.png) [@signal](https://forum.reserve.org/u/signal)\
**Post date:** [April 21, 2025, 11:43am UTC](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119/3 "2025-04-21T11:43:03Z")

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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](https://github.com/0xsignal/reserveprotocol/commit/f9997a661d887677b63172ed4329a7e3cf5eaf41#diff-d0f640f3f7fe0c6e55b0c00326f603899a0be092d00a20b79bd1150a817c79ce) 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.

> **[RocketBalancerRateProvider | Address...](https://basescan.org/address/0x039f7205c2cba4535c2575123ac3d657263892c4#code)**
>
> The Contract Address 0x039f7205c2cba4535c2575123ac3d657263892c4 page allows users to view the source code, transactions, balances, and analytics for the contract address. Users can also interact and make transactions to the contract directly on...

- 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.

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_[View the full topic](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119)._
