ConsenSys rolls out new MetaMask Staking service, giving users access to Ethereum staking through Lido and Rocket Pool liquid staking pools.
MetaMask users are set to have access to Ethereum liquid staking providers Lido and Rocket Pool courtesy of a new integration unveiled by ConsenSys.
Users will be able to compare reward rates, network control and popularity of different liquid staking providers, providing additional information to inform staking solution choices. The service begins with a public beta through the MetaMask portfolio decentralized application . Liquid staking is a method of staking assets on the Ethereum blockchain that allows users to earn rewards while maintaining the ability to freely transfer and trade their assets. The assets are deposited in a smart contract, earning rewards based on the total amount staked by all users.
Mian also confirmed that MetaMask will explore the potential of offering additional liquid staking providers. He also clarified that MetaMask was not providing staking services directly but connecting users to Ethereum’s major liquid staking providers through smart contract functionality.
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