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MetaMask, the industry's most used self-custody wallet, has launched a new pooled staking service for Ethereum. This feature, backed by Consensys enterprise-grade validators and available in MetaMask Portfolio, aims to lower the barriers to entry for Ethereum validation by allowing users to stake any amount of ETH and earn rewards. Unlike previous methods requiring a minimum of 32 ETH, this service does not have a minimum deposit requirement and enables users to unstake at any time. However, the service is not available to users in the US and UK. MetaMask's move is seen as a strategic effort to compete with major players like Lido and Coinbase in the $116 billion Ethereum staking market.
We believe in the power of choice at the foundational layer of web3. That's why we built Besu and Teku. Today, we celebrate another stride towards this vision with @MetaMask's new pooled staking feature, which brings us closer to a secure and inclusive Ethereum network. https://t.co/EneRK7bEYA
Introducing Pooled Staking on MetaMask. Stake any amount of ETH. Earn rewards. Unstake at any time. Now available in MetaMask Portfolio. https://t.co/o1T0k89zvt
SPECS DAILY ⌐◩-◩ 6/13/24: Dive Into The MetaMask Pool 🦊🤑⚖️ 1. MetaMask launches pooled staking service 2. Vitalik outlines 7 legitimate use cases for memecoins 3. Terraform Labs and Do Kwon agree to pay SEC $4.5B *Sponsored by @CryptoPunks_ce → The premier marketplace… https://t.co/OPpQhjtEk1
