• 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

DOJ Investigation Boosts Powell's Position at the Federal Reserve

chest

The DOJ's investigation into Jerome Powell has shifted market dynamics, increasing his chances of remaining at the Federal Reserve after his term ends.

user avatarLuis Flores

Inflation Data Boosts Crypto Market Performance

chest

Recent US inflation figures have positively impacted the crypto market, leading to gains for Bitcoin and other cryptocurrencies.

user avatarArif Mukhtar

XRP Faces Sell Signal Despite Super Cycle Speculation

chest

XRP faces a sell signal according to analyst Ali Martinez, despite speculation of a super cycle.

user avatarMaria Gutierrez

Aarn Protocol Advances Fixed-Rate Execution

chest

Aarn Protocol has introduced TARS and tvPTmax to enhance fixed-rate execution in DeFi, moving towards policy-driven treasury operations.

user avatarDavid Robinson

WONTON Expands to BNB Chain to Enhance Web3 Gaming Experience

chest

WONTON expands to BNB Chain to enhance Web3 gaming experience.

user avatarAndrew Smith

Regulatory Changes Impact DDC Enterprise's Bitcoin Reporting

chest

Regulatory changes require DDC Enterprise to report Bitcoin holdings at fair market value starting in 2025, impacting earnings volatility and allowing for unrealized gains.

user avatarZainab Kamara

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.