MetaMask Launches Staking Service, Allowing Users to Pool and Stake Ether Below 32 ETH Minimum

Crypto wallet firm MetaMask has launched a staking service, enabling users to pool funds and stake assets with enterprise-grade validators run by blockchain software company Consensys. With this service, MetaMask users can stake their Ether without needing to meet Ethereum’s high minimum requirement of 32 ETH, approximately $112,000 at the current rate. MetaMask’s staking pool allows users to contribute less than the required ETH and still earn rewards for securing the network. Since Ethereum upgraded to a proof-of-stake (PoS) consensus mechanism, it transitioned from mining to staking. This shift requires validators to process transactions, store data, and add blocks to