2023-01-17
ConsenSys, developer of MetaMask launches liquid staking function by integrate Lido and Rocket Pool into MetaMask’s application. This feature is called MetaMask Staking.
“We are excited to provide MetaMask users with an easy and intuitive way
to stake,” said Abad Mian, Senior Product Manager at MetaMask. “MetaMask users
have told us that they are interested in staking and want to do so from within
their favorite self-custodial wallet. By allowing staking through the MetaMask
Portfolio dapp, we are providing MetaMask users with a convenient way to
interact with staking providers.” Mian chose Lido and Rocket Pool because
they are popular among users.
A beta of liquid staking has been launched through the MetaMask
Portfolio dapp. Users can stake ETH through Lido and Rocket Pool and view their
Lido and Rocket Pool staking tokens (stETH and rETH). Users can swap their
stETH and rETH back to ETH using MetaMask Swaps, they also need to pay certain
fees for swapping.
