MetaMask introduces Ethereum validator staking feature, powered by Consensys
Powered by @unfolded- MetaMask has partnered with Consensys Staking to offer a feature allowing users with at least 32 eth to run Ethereum validator nodes, with an annual yield of about 4% after a 10% fee.
- This offering requires no pooling or hardware/software requirements, and the 32 eth stake is used to run a validator node through the Consensys Staking service, which already operates validators totaling about 4% of all staked eth.
- MetaMask also offers pooled staking through providers Lido and RocketPool, with lower advertised rewards at 3.53% and 3.14% respectively.
- The transition of Ethereum's network to a proof-of-stake network in September 2022, known as 'The Merge,' has led to the network being secured by validators, and many staking providers allow users to pool smaller amounts of funds together to hit the 32 eth requirement to run one validator, splitting the rewards.