Coinbase Ventures joins liquid staking protocol Rocket Pool and its Oracle DAO
Join Our Telegram channel to stay up to date on breaking news coverage Coinbase Ventures recently decided to increase its involvement with a liquid staking protocol known as Rocket Pool. It also joined Rocket Pool’s Oracle DAO (oDAO), which is a group of special node operators in the protocol ’s ecosystem who are in charge of performing certain extra duties for the project. NEW: Coinbase Ventures Joins Rocket Pool’s Oracle DAO $RPL — Altcoin Daily (@AltcoinDailyio) April 4, 2023 Coinbase Ventures itself is the investment branch of Coinbase — the largest centralized cryptocurrency exchange by trading volume in the United States. Its decision to join Rocket Pool and its Oracle DAO will allow it to receive a share of the 15% of total RPL inflation produced during each reward period. .@cbventures is one vote away from being added as a @Rocket_Pool oracle DAO node. I'm very excited to have Coinbase Ventures as an industry participant on the oDAO...