MetaMask Launches Pooled Staking Service for Ethereum

IconCryptoNewsTerminal Staff11 Jun, 2024

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MetaMask Launches Pooled Staking Service for Ethereum

MetaMask, a popular crypto wallet, has launched a pooled staking service for Ethereum (ETH). This service will allow users to stake any amount of ETH they want, rather than the minimum 32 ETH required to become a validator on the proof-of-stake network. With pooled staking, users can combine their ETH with others in a pool and still earn rewards for contributing to the network. MetaMask's service will not be available in the United States or the United Kingdom, where regulators have deemed crypto staking services to be unregistered securities. The launch of MetaMask's pooled staking service is a significant development for the Ethereum ecosystem. It makes staking more accessible to a wider range of users, and it could help to increase the security and stability of the network.

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