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MetaMask launches Ethereum validator staking feature supported by Consensys

MetaMask launches Ethereum validator staking feature supported by Consensys

2024/01/21 23:25
ETH-0.50%

The encrypted wallet MetaMask is collaborating with Consensys Stake, representing users willing to stake at least 32 ETH (currently valued at about $80,000) to run Ethereum validator nodes. MetaMask currently promises an annual return rate of about 4%, then charges a 10% fee, although the company points out that this return rate may increase or decrease due to the inherent randomness of adding any given validator's block into the network. MetaMask also offers pooled staking services through popular providers Lido and Rocket Pool, but the rewards currently advertised are lower, at 3.53% and 3.14% respectively.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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