• 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

Long-Term Bitcoin Holding Reduces Loss Probability

chest

Long-term Bitcoin holding reduces the probability of loss, encouraging investors to adopt long-term strategies.

user avatarElias Mukuru

Nic Carter Proposes Three Paths for Bitcoin in the Face of Quantum Threats

chest

Nic Carter outlines three potential strategies for Bitcoin as it faces the risks posed by quantum computing.

user avatarDiego Alvarez

Crypto Patel Predicts Ethereum Price Surge to $4,000 by 2027

chest

Crypto Patel predicts Ethereum could reach $4,000 by October 2027, with significant price increases expected in the coming years.

user avatarKenji Takahashi

Payward to Acquire Bitnomial for Up to $550 Million

chest

Payward has entered into an agreement to acquire Bitnomial for up to $550 million, enhancing its regulatory infrastructure for digital asset derivatives.

user avatarMaria Fernandez

Strait of Hormuz Reopened for Passage Amid US-Iran Ceasefire

chest

US President Donald Trump announced the reopening of the Strait of Hormuz for commercial vessels following Iran's confirmation of unblocking the waterway during the US-Iran ceasefire.

user avatarGustavo Mendoza

Concerns Arise Over Google's AI Spending Ahead of Earnings Call

chest

Concerns arise over Google's high capital expenditures on AI infrastructure ahead of the earnings call, with potential negative impacts on cash flow and stock performance.

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.