• 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

Cardano's Price Faces Bearish Conditions Amid Development Surge

chest

Cardano's price remains in a multi-year bear cycle despite significant development activity, with predictions of a drop towards 0.10 by the end of the year.

user avatarTando Nkube

Cardano Emerges as Leading Blockchain in Development

chest

Cardano has emerged as the leading blockchain in development, controlling over 89% of the total Layer 1 share and surpassing major chains in code commits.

user avatarKofi Adjeman

XRP Positioned to Transform Crypto Sector and Challenge Traditional Finance

chest

Market expert Vet claims XRP could accelerate DeFi adoption and challenge TradFi systems.

user avatarSatoshi Nakamura

Flare Co-Founder Critiques XRP Claims Amid DeFi Debate

chest

Hugo Philion, co-founder of Flare Network, critiques Vet's claims about XRP's superior protocol design, emphasizing the need for thorough testing and highlighting ongoing debates in the crypto community.

user avatarNguyen Van Long

Lido Finance Proposes Recovery Plan for rsETH Shortfall

chest

Lido Finance has proposed a recovery plan to address the rsETH shortfall following a significant hack, aiming to support affected users and limit broader spillover effects.

user avatarJesper Sørensen

XRP Withdrawal Transactions Plummet to Record Lows

chest

XRP withdrawal transactions on Binance have plummeted from over 8,000 in mid-April to about 12 recently, indicating a potential shift in market behavior.

user avatarRajesh Kumar

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.