NodeSet
  • NodeSet Documentation
  • NodeSet
    • Introduction
    • Infrastructure Powered by NodeSet
    • Security Notice
  • Node Operators
    • Applications
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    • Best Practices
      • Terminology
      • Planning Your Node Architecture
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  • StakeWise Integration
    • Introduction
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    • Node Operator Guide
      • Monitoring the StakeWise Module
      • Key Recovery
      • How it Works
    • Security Information
  • Constellation
    • Overview
    • xrETH
    • xRPL
    • Constellation vs Others
    • Risks and Mitigations
    • Node Operators
    • Node Operator Guide
      • Overview
      • Prerequisites
      • Registering your Node with Constellation
      • Creating and Running Minipools
      • Rewards Algorithm
    • Administrator
    • Treasurer
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    • Security Information
  • NodeSet Dashboard
    • Introduction
    • Authorizing Your Node
    • Security Information
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  1. Constellation

xRPL

xRPL is an RPL liquid staking token which grows in value against RPL based on the rate of the Rocket Pool protocol's native RPL emissions

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Last updated 6 months ago

RPL Staking Rewards

xRPL automatically receives rewards based on the underlying RPL emissions from Rocket Pool. To learn more about how Rocket Pool works and the role of RPL, .

Note that the issuer of xRPL may take a portion of these emissions, so make sure to check with the owner of the Constellation instance you are using to understand their fee structure.

Value Accrual Design (not rebasing)

Like xrETH, xRPL uses the , where the protocol's exchange rate for xRPL adjusts over time with the value of earned rewards. This model is more gas efficient than a rebasing token, and it may offer tax advantages to users in certain jurisdictions.

please see the Rocket Pool documentation
cToken model made famous by Compound