ConsenSys, a market-leading blockchain technology company, announced the launch of MetaMask Staking, a new feature directly incorporated in the MetaMask Portfolio dapp. MetaMask Staking will increase access to staking by allowing MetaMask users globally to stake crypto (ETH) with leading liquid staking providers, Lido and Rocket Pool.
Following the transition of Ethereum (ETH) to Proof of Stake in September 2022, staking has become an increasingly important part of the crypto ecosystem. A Chainalysis report noted that institutional investors — wallets staking over $1 million ETH — have increased over 5x in the past year; however, staking can be a convoluted and complicated process for end-users.
MetaMask Staking will offer an easy-to-understand and trusted entry point for users interested in staking. Through this new feature, users can compare the rewards rate, network control, and popularity of different liquid staking providers and choose the one they want to stake with, aiding t
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