• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Consensys has enhanced Ethereum staking in MetaMask

Consensys has enhanced Ethereum staking in MetaMask

user avatar

by Eve Adams

2 years ago


Consensys has launched the "Pooled staking" service for users of the MetaMask crypto wallet, allowing Ethereum holders to stake any amount of coins without restrictions, reports CoinDesk.

Developers note that 99% of Ethereum holders do not meet the minimum staking requirement of 32 ETH (approximately $112,000 at the time of writing).

According to Consensys, "Pooled staking" in MetaMask addresses this issue. The new service allows users to earn rewards for staking any amount of Ethereum.

The main features of "Pooled staking" include:

  • no minimum requirements for the amount of funds;
  • flexible conditions allowing users to withdraw assets from staking at any time;
  • simple balance tracking through MetaMask Portfolio.

Mathieu Saint-Olive, Senior Product Manager at Consensys, noted that the new service promotes the decentralization and security of the Ethereum network:

The increase in the number of users and staking participants is beneficial for the security of Ethereum. Since 2020, our validators have been operating smoothly without any incidents.

It is reported that this service is currently unavailable for residents of the US and the UK, but Consensys is working to expand the service's availability in these jurisdictions.

Recall that in January 2024, the MetaMask team added the ability to deploy Ethereum nodes, allowing validator delegation without the need to purchase equipment or join a pool.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Faces Increased Selling Pressure Amid Market Caution

chest

Ethereum is experiencing significant selling pressure as market sentiment shifts towards caution, with a notable increase in user deposits to exchanges.

user avatarEmily Carter

Attempted Murder Charges Filed in Crypto Investment Dispute

chest

A man in his thirties has been charged with attempted murder after allegedly poisoning his business partner over a dispute related to failed crypto investments.

user avatarTomas Novak

XRP Faces Resistance and Support Levels

chest

XRP price is currently trading above key support levels but faces resistance near 1460 and 150.

user avatarKaterina Papadopoulou

Bitwise Expands Staking Infrastructure with Chorus One Acquisition

chest

Bitwise has acquired Chorus One, enhancing its staking capabilities across multiple blockchain networks.

user avatarMaya Lundqvist

Vitalik Buterin Calls for Enhanced Security in Ethereum's DeFi Ecosystem

chest

Ethereum cofounder Vitalik Buterin emphasizes the need for prioritizing oracle design and decentralization as critical security issues within the DeFi sector.

user avatarLeo van der Veen

Dogecoin Open Interest Drops Below 1 Billion for the First Time Since 2024

chest

Dogecoin's open interest has fallen below 1 billion for the first time since October 2024, indicating a significant decline in investor positioning.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.