MetaMask Launches Pooled Staking for Ethereum

MetaMask has introduced a new staking service that allows users to combine their funds and stake their assets with high-quality validators operated by blockchain software company Consensys.

This service allows MetaMask wallet holders to stake their Ether without meeting Ethereum’s minimum requirement of 32 ETH, which is currently valued at approximately $112,000.

Users can now participate in staking with a smaller amount of ETH through MetaMask’s staking pool, still making them eligible for staking rewards and contributing to the security and decentralization of the Ethereum network.

This shift to staking from the previous mining model is necessary since Ethereum has upgraded to a proof-of-stake (PoS) consensus mechanism.