MetaMask Launches Pooled Staking for Ethereum Users
MetaMask developer Consensys has introduced pooled staking for its Web3 wallet, allowing users to stake any amount of ether to support Ethereum network security and earn validator rewards, overcoming the previous 32 ETH minimum requirement. Users can unstake their ether, though the process may be subject to variable waiting times due to the Ethereum validator exit queue.
The pooled staking service is being phased in, initially unavailable to US or UK users, and will leverage the Ethereum liquid staking derivative StakeWise for its smart contracts. Consensys aims to democratize staking and increase Ethereum network security by making it accessible to more MetaMask users, as 27.1% of ether supply is already staked, primarily in large pools.
