@jasper-eth

Prong 1 of Howey: Investment of Money Liquid staking tokens operate akin to titles on staked assets such that "the holder possesses legal and beneficial ownership of the staked cryptoassets and any Network Rewards generated from (or slashing penalties deducted from) such cryptoassets." Rocket Pool is fully noncustodial -- ETH is automatically allocated to a pool where it is used to launch validators across a many thousand strong node operator set. In the context of Rocket Pool, the protocol does not "have any discretion as to how to use the funds, but instead the cryptoassets are required to be staked until the Liquid Staker makes the decision to redeem the underlying cryptoassets" 3/16

1 reply

0 recast

0 reaction