Algorithmic / under-collateralized stablecoin
Rocket Pool's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
rETH is an LST, not a stablecoin. Fully backed 1:1 by ETH in Beacon Chain validators. No algorithmic stability, no seigniorage, no under-collateralization design. N/A by taxonomy PD-024.
Sources #
- Curator noteProtocol profile — LST classificationProfile §1 category: LST; rETH = non-rebasing yield-bearing ETH receipt; no stablecoin mechanismretrieved 2026-05-04
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol rocket-pool factor RD-F-069 score not_applicable collected_at 2026-05-04 15:40:28