Metamask, the Ethereum Virtual Machine (EVM) wallet, has announced the launch of its validator staking services for Ethereum. The feature will allow users who want to stake their ether to do it simply from the Metamask portfolio interface, without managing hardware equipment, while maintaining custody of the cryptocurrency staked.
Metamask Introduces Validator Staking for Ethereum
Metamask, the Ethereum and Ethereum Virtual Machine (EVM) wallet, has introduced its validator staking services. The new feature allows users with 32 ETH to stake them directly from the interface of Metamask Portfolio.
The service backend is run by Consensys Staking, which manages over 4% of the total ETH staked, with over 33,000 validators having 99.99% uptime. Also, Metamask states that Consensys has not been slashed, a kind of penalty that Ethereum validators face when registering “dishonest behaviors” by the network.
Metamask stresses this addition simplifies the processes for users who want to stake
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