MetaMask Now Lets Users Stake ETH Directly From the App!

14. Januar 2023 Aus Von admin

• ConsenSys – the Ethereum infrastructure provider behind Metamask – has announced that the widely used crypto wallet now lets users stake their ETH directly from the app.
• The network’s public beta allows users to select either Lido or Rocket Pool for staking, through which they can earn yield and receive liquid staked ETH in return.
• Users can confirm the amount of ETH they’d like to allocate for staking with a signed transaction on MetaMask, and receive their liquid staking tokens directly from the staking provider.

ConsenSys, the provider of Ethereum infrastructure and one of the largest companies in the Web 3 space, recently announced that its popular crypto wallet, MetaMask, now allows users to stake their Ethereum directly from the app. This new feature is currently in its public beta, where users can select either Lido or Rocket Pool as their staking provider.

By staking their ETH with MetaMask, users will be able to generate yield and receive liquid staked ETH in return. To initiate the staking process, users will need to confirm the amount of ETH they’d like to stake with a signed transaction on MetaMask. Once the transaction is confirmed, they will receive their liquid staking tokens directly from the staking provider.

This new feature is a major milestone for the Ethereum ecosystem as it will make staking significantly easier for individuals who are not familiar with the process. It also provides users with more options when it comes to staking their ETH. By allowing users to stake their ETH directly from MetaMask, ConsenSys is making it easier for people to get involved in Ethereum staking, which can lead to increased decentralization and adoption of the network.

The launch of MetaMask’s staking feature is just the latest in a series of developments from ConsenSys that are helping to drive the adoption of Ethereum. With this new feature, users now have a simple and secure way to earn yield from their ETH holdings. As more users become aware of this feature, we expect to see increased staking activity, which will help to further decentralize the Ethereum network.

Overall, the launch of MetaMask’s staking feature is a big step forward for the Ethereum ecosystem. By making it easier for individuals to stake their ETH, ConsenSys is helping to drive the adoption of Ethereum and provide users with more options when it comes to earning yield from their ETH holdings. We can’t wait to see how this feature is utilized by the community and what other developments ConsenSys has in store for the future.