MetaMask allowed Ethereum Staking Marketplace
MetaMask Institutional has launched a staking marketplace to enable companies and investment firms to choose from a wide range of staking services.
The marketplace aims to simplify access and management of solo staking, allowing institutions to become Ethereum network validators.
MetaMask Institutional partnered with All nodes, Blockdaemon, and Kiln to launch this service.
The new marketplace will feature the company’s own technology, ConsenSys Staking, alongside offerings from All nodes, Blockdaemon, and Kiln.
MetaMask Institutional wallet has been live since October 2021, providing a platform that offers a wider set of controls and functionality more suited to organizations and businesses.
The new marketplace comes just weeks before Ethereum’s much-anticipated Shanghai hard fork that should spur growth in staking services.
A hallmark of the new marketplace is standardization of terms and conditions. Fee rates will be easy to view and compare.
MetaMask announced earlier this year the launch of a feature called MetaMask Staking that allows users to stake Ether directly to leading providers.
With 30 million active users, MetaMask is the leading non-custodial wallet in the Ethereum ecosystem. It allows users to control their private keys
What is the purpose of the staking marketplace
The purpose of the staking marketplace launched by MetaMask Institutional is to enable companies and investment firms to choose from a wide range of staking services provided by Allnodes, Blockdaemon, Kiln, and ConsenSys Staking.
The marketplace aims to simplify access and management of solo staking, allowing institutions to become Ethereum network validators.
The new marketplace will feature standardization of terms and conditions, easy-to-view fee rates that can be compared across vendors.
This launch comes just weeks before Ethereum’s much-anticipated Shanghai hard fork that should spur growth in staking services.
What is the benefit of MetaMask’s staking marketplace for institutional investors
The benefit of MetaMask’s staking marketplace for institutional investors is that it enables them to choose from a wide range of staking services provided by All nodes, Blockdaemon, Kiln, and ConsenSys Staking.
The marketplace aims to simplify access and management of solo staking, allowing institutions to become Ethereum network validators.
This will help institutions to secure the Ethereum network and be rewarded for it.
The new marketplace will feature standardization of terms and conditions, easy-to-view fee rates that can be compared across vendors
It also brings significant benefits to the cryptocurrency industry as a whole by streamlining the process and making it more accessible.
The benefit of MetaMask’s staking marketplace for institutional investors is that it enables them to choose from a wide range of staking services provided by All nodes, Blockdaemon, Kiln, and ConsenSys Staking.
The marketplace aims to simplify access and management of solo staking, allowing institutions to become Ethereum network validators.
This will help institutions to secure the Ethereum network and be rewarded for it.
The new marketplace will feature standardization of terms and conditions, easy-to-view fee rates that can be compared across vendors.
It also brings significant benefits to the cryptocurrency industry as a whole by streamlining the process and making it more accessible.
