Introduction to the total issuance volume and online exchanges of RPL coin

The total issuance volume of the RPL token, the native token of the Rocket Pool protocol, stands at 18,000,000.

Oct 04, 2024 at 12:06 am

RPL Coin: Total Issuance Volume and Online Exchanges1. Total Issuance Volume

RPL (Rocket Pool) is the native token of the Rocket Pool protocol, which enables users to run decentralized Ethereum nodes in a shared environment. The total issuance volume of RPL is 18,000,000.

2. Online Exchanges

RPL is traded on several online exchanges, including:

Binance
OKX
Huobi Global
Kraken
Coinbase Pro

3. Market Performance

As of July 2023, the live RPL price is $32.88. Over the past 24 hours, RPL has increased by 2.17%.

4. Token Distribution

The RPL token distribution is as follows:

Contributors: 6%
Team: 30%
Early Access Rewards: 30%
Network Operations: 12%
Community Treasury: 12%
RPL Locked from Reward: 10%

5. Utility of RPL

RPL is used for the following purposes within the Rocket Pool ecosystem:

Staking: RPL holders can stake their tokens to provide collateral for decentralized Ethereum nodes.
Voting: RPL holders have voting rights on protocol governance decisions.
Fees: RPL is used to pay fees for various operations on the Rocket Pool network.

Conclusion

RPL is an important token within the Rocket Pool ecosystem, providing utility for staking, voting, and paying fees. Its total issuance volume is 18,000,000, and it is traded on several online exchanges.

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