• 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

South Korean Police Investigate Favoritism Allegations in Crypto Industry

chest

South Korean police are investigating favoritism allegations involving independent lawmaker Kim Byungkee, who allegedly sought employment for his son at Bithumb after failing to secure a position at Dunamu.

user avatarSon Min-ho

SUBBD Token Disrupts the Creator Economy with AI Integration

chest

SUBBD Token is emerging as a significant player in the creator economy, leveraging AI and decentralized payments to empower content creators and investors.

user avatarAyman Ben Youssef

Capital Flow in Cryptocurrency Market Shifts Towards Bitcoin Infrastructure

chest

The cryptocurrency market is witnessing a significant shift in capital flow, with investors moving towards Bitcoin infrastructure projects.

user avatarTando Nkube

XRP Market Dynamics Show Divergence Amid Price Drop

chest

XRP's price has dropped significantly, but on-chain data shows an increase in wallet addresses, indicating long-term accumulation.

user avatarKofi Adjeman

Meme Coin Investor Shares Successful DCA Strategy with SPX

chest

A meme coin investor named Maddox shares his successful dollar-cost averaging (DCA) strategy with SPX, showing how consistent buying can reduce drawdowns in a down market.

user avatarSatoshi Nakamura

Canada Implements New Crypto Custody Rules

chest

The Canadian Investment Regulatory Organization (CIRO) has introduced an interim Digital Asset Custody Framework to enhance oversight of crypto assets on trading platforms.

user avatarNguyen Van Long

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.