MetaMask said that 99% of ETH holders do not have the required 32 ETH to participate in Ethereum staking.
Crypto wallet firm MetaMask rolled out its staking service, allowing users to pool their funds and stake their assets in enterprise-grade validators operated by blockchain software company Consensys.
With the service, MetaMask wallet users can stake their Ether (ETH) without the need to meet Ethereum’s hefty minimum requirement of 32 ETH, which is worth about $112,000 at the time of writing.
Using MetaMask’s staking pool, users can provide less than the required ETH and still be eligible for the staking rewards for securing the network.
