MetaMask Launches Pooled ETH Staking, Except For US UK

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Jun 11, 2024 17:07

MetaMask has launched its pooled staking service, which allows users to stake any amount of ETH and earn rewards for contributing to the network’s security. MetaMask’s move is supported by Consensys Staking. The company revealed that it has zero slashed validators and a 99.9% validator participation rate. Currently, the service is available to a small group of users, while a broader launch can be expected soon. Notably, it will not be available initially in the US or UK due to the crackdown on staking services in the US, and the lack of clarity in the UK.