Friday, November 15, 2024

MetaMask Launches Pooled Staking, Serving to Customers to Earn Rewards and Help Ethereum Safety – Blockchain Information, Opinion, TV and Jobs

Pooled Staking allows ETH holders of any quantity the power to stake in enterprise-grade validators operated by Consensys, empowering extra folks to be rewarded for shielding Ethereum.

Fort Value, Texas, USA, June twelfth, 2024

Right this moment, Consensys launches MetaMask Pooled Staking, a simple strategy to stake ETH from the world’s hottest Web3 platform and earn ETH rewards for contributing to the safety of Ethereum. Previous to the launch of Pooled Staking, solely customers with not less than 32 ETH, the minimal required by the Ethereum protocol, might stake in validators operated by Consensys. The brand new service permits MetaMask customers to earn staking rewards on as little or as a lot ETH as they like by way of MetaMask Portfolio.

Consensys is a number one blockchain and web3 software program firm. Since 2014, Consensys has been on the forefront of innovation, pioneering technological developments inside the web3 ecosystem. By way of our product suite, together with the MetaMask platform.

Based mostly on blockchain knowledge, 99% of ETH holders have lower than 32 ETH. MetaMask’s new answer allows staking any quantity of ETH to earn rewards for contributing to the community’s safety.

MetaMask Pooled Staking is obtainable to a portion of eligible customers instantly and can proceed to roll-out within the coming days. The preliminary launch won’t be obtainable inside the US or UK, however the crew goals to convey it to market in these areas as properly.

“With Pooled Staking, MetaMask customers now have a simple strategy to stake ETH in enterprise-grade validators whereas sustaining full management of their ETH, incomes rewards and making Ethereum safer,” says Matthieu Saint Olive, Senior Product Supervisor at Consensys.  “We’re excited to convey our staking answer to many extra MetaMask customers.”

At present 74% of ETH is just not staked, whereas a lot of the ETH that’s staked is in just some giant swimming pools. By offering an accessible and environment friendly new staking answer, MetaMask Pooled Staking goals to make staking accessible to extra customers and contribute to Ethereum decentralization and safety.

Key Options of MetaMask Pooled Staking:

  • Earn rewards for staking ETH

  • No Minimal – Stake any quantity of ETH.

  • Versatile Unstaking: ETH might be unstaked at any time (Unstaking occasions could differ as per Ethereum validator exit queue protocol).

  • Simple Monitoring: Balances and rewards might be simply monitored inside MetaMask Portfolio.

MetaMask Pooled Staking is underpinned by Consensys Staking, which boasts over 33,000 hosted Ethereum validators in a multi-cloud, multi-region and multi shopper infrastructure, greater than 1 million ETH staked, zero slashed validators, and a 99.9+% validator participation fee. Additional, Consensys is one in every of few industry-leading gamers that has acquired third-party validated safety certifications, guaranteeing the highest requirements of safety of our folks, know-how and processes.

MetaMask Pooled Staking makes use of the open modular structure of StakeWise, a liquid staking protocol on Ethereum, to energy a few of its good contracts.

Media Contact:

pr@consensys.io

consensys@welcometowith.com

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