MetaMask Launches Pooled Staking Service

MetaMask, the widely-used cryptocurrency wallet and gateway to decentralized applications, has launched a new pooled staking service for Ethereum

This feature allows users to participate in Ethereum staking with reduced costs and complexities, making it more accessible for a broader range of investors

MetaMask’s pooled staking service aggregates the Ethereum holdings of multiple users, enabling them to collectively participate in the Ethereum 2.0 validation process

By pooling resources, users can stake smaller amounts of ETH and still earn rewards from the network’s proof-of-stake mechanism

It is currently unavailable to users in the U.S. and U.K. due to regulatory considerations