Deposits Under the Minimum (RPIP-28)

RPIP-28 proposes an additional method of creating a new minipool by depositing ETH and RPL together, which will be possible regardless of the Node's current amount of RPL staked.

Outcome if vote passes

• RPIP-28 will be implemented in a future smart contract release
• Once implemented, it will be possible to make a minipool deposit when under the "minimum" RPL threshold by depositing the ETH and staking (at least) the minimum amount of RPL needed for a single minipool of that type
  • Note that this new method is in addition to the current method

Rationale

It is currently possible to create a new node to deposit a minipool. In other words, this feature does not change the ability for a Node Operator to create a new minipool - they'll be able to create one for the same amount of ETH and RPL.

This change instead makes the process more convenient. A handful of folks have said they would have created more minipool(s) if they could've added them to their existing node while being under the minimum.

This should help us provide more rETH supply, with no significant trade-off.

Context

• Full RPIP
• Forum thread