- MetaMask is launching a pooled staking feature.
- The feature will be available to MetaMask Portfolio users outside the US and UK.
- This feature aims to engage many Ether holders, particularly those with less than 32 ETH.
MetaMask, a self-custodial Ethereum wallet, is set to introduce a “pooled staking” feature to its users this week. According to the crypto wallet firm, this new feature will enhance the Ethereum blockchain’s security and incentivize participation.
This service will enable MetaMask wallet holders to stake their Ether (ETH) tokens without meeting the previous minimum of 32 ETH ($112,000), required for Ethereum staking and Consensys validators.
MetaMask’s staking pool eliminates this minimum, allowing users to stake any amount of ETH while still earning rewards for securing the blockchain through enterprise-grade validators. Users can also track their rewards and funds within the MetaMask wallet. Matthieu Saint Olive, senior product manager at MetaMask developer Consensys, stated:
“With Pooled Staking, MetaMask users now have an easy way to stake ETH in enterprise-grade validators while maintaining full control of their ETH, earning rewa…The post MetaMask Lowers Barrier to Ethereum Staking, Excludes US, UK Initially appeared first on Coin Edition.