How to Stake Firelight Staked XRP (STXRP) on Rocket Pool
Rocket Pool may not directly support STXRP staking, but you can still use Rocket Pool to buy STXRP and transfer it for staking.
Current APY
4.0%
Price
$1.33
Platform Fee
~14%
Platform Type
liquid
Start Staking STXRP on Rocket Pool
Rocket Pool gives you full control of your assets.
Stake STXRP on Rocket Pool →Step-by-Step: Stake STXRP on Rocket Pool
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Firelight Staked XRP's network.
Acquire STXRP
Buy STXRP from an exchange and transfer it to your wallet, or swap for it using a DEX.
Visit Rocket Pool
Go to Rocket Pool's staking interface and connect your wallet.
Stake and receive liquid tokens
Enter your STXRP amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
Use your LST in DeFi (optional)
Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.
Rocket Pool for STXRP Staking: Pros & Cons
Pros
- + Most decentralized ETH liquid staking protocol
- + rETH accrues value (no rebase) — tax-friendly
- + Anyone can become a node operator with just 8 ETH
- + Permissionless — no KYC, no registration
Cons
- - Lower TVL than Lido = less rETH liquidity on DEXes
- - rETH sometimes trades at a premium to ETH
- - Node operators need technical knowledge
- - Slightly lower APY than Lido due to protocol design