• 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

Sui Gains Attention for Scalable Innovation

chest

Sui has gained attention for its unique approach to scalability and developer-friendly architecture.

user avatarRajesh Kumar

Chainlink Provides Critical Data Infrastructure

chest

Chainlink plays a critical role in the crypto ecosystem by connecting smart contracts with real-world data.

user avatarMiguel Rodriguez

Tokenized Stocks Hit All-Time Highs with 800 Million Monthly Trades

chest

Tokenized stocks are now achieving 800 million in monthly trades on-chain, hitting all-time highs.

user avatarLuis Flores

Funderblu Launches Innovative Trading Firm in Dubai

chest

Funderblu has launched a proprietary trading firm in Dubai, providing traders with access to capital through a structured evaluation process aimed at addressing industry concerns.

user avatarArif Mukhtar

Corporate Bitcoin Treasuries Surge by 260,000 BTC in Six Months

chest

Corporate digital asset treasuries have added a net 260,000 Bitcoin to their balance sheets over the past six months, significantly outpacing the estimated 82,000 coins mined during the same period.

user avatarMaria Gutierrez

CatFee Launches Whale Vault with 12% APY on TRX

chest

CatFee has launched the Whale Vault, enabling users to stake TRX with a minimum of 5 million TRX for a 12% annual percentage yield.

user avatarDavid Robinson

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.