# Staking Directly via Rocket Pool

The easiest way to stake with Rocket Pool is done via its web interface to the underlying smart contracts.

The advantage is that you will always get exactly as much rETH as your ETH is worth, since Rocket Pool's contracts will directly mint the rETH that you receive. No extra fees, no slippage, no liquidity issues, no sandwiching or front running... you just get the best possible deal for rETH.

The disadvantage is that the gas fee might be quite expensive if you are staking a small amount of ETH - we strongly recommend you check this before approving the transaction. Also, there is a limit to the amount of ETH that can be in the pool at any given time, so it's possible that the pool could be full until Node Operators pull ETH from it and stake that ETH on the Beacon Chain.

NOTE

If you stake directly with Rocket Pool, your rETH tokens will be locked to your account for 24 hours before you can transfer them or use them in DeFi applications. This is a security measure to prevent against timing attacks. If you get your rETH from a decentralized exchange, your rETH will not be locked.

Please take this into consideration when deciding whether or not to stake directly via Rocket Pool.

The process is slightly different for the Prater Testnet and Mainnet, so choose the network you are interested in from the tabs below.

Once you're at the site, click on the select wallet button in the top middle of the page, then click connect metamask.

MetaMask will prompt you to select an account to connect to the website. Choose one, confirm a few permissions, and you’ll see your account's icon along with your ETH and rETH balances - for example:

Now, all that's left to do is deposit your ETH and receive some rETH back!

Enter the amount of ETH you want to deposit in the trade __ ETH box on the screen, then check the agree to terms of service box and press start:

MetaMask will pop up with a window asking you to confirm your transaction.

Check the total gas cost of the transaction before you approve it - if it is very expensive relative to your transaction, you may want to consider acquiring rETH via another method!

Once you confirm it, the transaction will begin. When it's been mined and added to the chain, you'll see your balances update!

NOTE

As described in the previous page, it's completely normal to receive less rETH than the amount of ETH you put in. rETH and ETH have a dynamic exchange rate: as the Rocket Pool network earns rewards, 1 rETH will become worth more than 1 ETH, which in turn means 1 ETH will buy less than 1 rETH.

That's it! You're now staking with Rocket Pool. All you need to do is hold onto your rETH, and you'll automatically gain your staking rewards as the value of the rETH token increases.

NOTE

As a reminder, your rETH tokens will be locked to your account for 24 hours before you can transfer them or use them in DeFi applications. This is a security measure to prevent against timing attacks.

# Unstaking

When you're ready to unstake and trade your rETH back for ETH, head back to the staking website and click on the double arrow button in the middle of the trade amounts dialog to switch to rETH mode:

As with staking, enter an amount of rETH to trade back, agree to the Terms of Service, and click start. Once again, a confirmation dialog will appear in MetaMask. Confirm the transaction, and once it's been mined, you will see the proper balances in your wallet.

NOTE

Trading rETH back for ETH is only possible when the staking liquidity pool has enough ETH in it to handle your trade. This is Rocket Pool's pool of ETH that comes from two sources:

  1. ETH that other stakers have deposited, which hasn't been used by a Node Operator to create a new validator yet
  2. ETH that was returned by a Node Operator after they exited one of their validators and received their rewards from the Beacon Chain (note that this is not possible until after the ETH1-ETH2 Merge occurs and withdrawals are enabled)

During the period before the Merge, it's possible that the liquidity pool won't have enough balance to cover your unstaking. In this scenario, you may find other ways to trade your rETH back to ETH (such as a decentralized exchange like Uniswap (opens new window)) - though they will likely come with a small premium.

That's all there is to staking with Rocket Pool! We hope that you found the process quick and easy.

Feel free to swing by our Discord server (opens new window) to let us know what you thought of it and keep tabs on the project as it evolves.