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Rocket Pool plans to launch Houston upgrade on June 17 to introduce on-chain DAO
2024-06-10 08:01:16
Odaily News According to official news, the liquidity pledge protocol Rocket Pool said that the Houston upgrade, which has been in development for 9 months, will be launched in the week of June 17. The main purpose is to reduce dependence on third-party systems by introducing a DAO that is completely on-chain to manage the protocol. This organization, called the protocol DAO or pDAO, will be responsible for setting the direction of the protocol. This upgrade will also introduce several other features that will allow new integrations and platforms to be built on the protocol. Some of these include the ability to stake ETH on behalf of a node (not just from the node itself) and a new RPL withdrawal address function, which allows one party to provide ETH for staking and the other party to provide RPL without giving custody to the node operator.