MetaMask users are set to have access to Ethereum liquid staking providers Lido and Rocket Pool thanks to a new combination unveiled by ConsenSys.

MetaMask Staking will unlock the capability for users to stake Ether (ETH) through the Lido and Rocket Pool protocols, promoting the service to improve the security and decentralization of the Ethereum blockchain.Users will have the ability to compare benefit rates, network control and popularity of various liquid staking service providers, supplying extra details to notify staking option choices. The service begins with a public beta through the MetaMask portfolio decentralized application.Users will have the ability to stake through Lido and Rocket Pool and view Lido(stETH)and Rocket Pool(rETH)staking token balances. These tokens can also be switched back to ETH through MetaMask Swaps.Liquid staking is a technique of staking properties on the Ethereum blockchain that enables users to make benefits while maintaining the ability to easily move and trade their assets. The properties are transferred in a smart contract, earning benefits based on the total amount staked by all users. Cast your vote now!MetaMask item supervisor Abad Mian told

Pandoraland that the service saw increased user need for staking options following Ethereum’s shift to a proof-of-stake consensus in September 2022.”From an internal study, 85%of participants stated they like to evaluate a number of choices before deciding where to stake their properties. In addition, over 74%of participants stated that they are staking or thinking about staking. “Mian also verified that MetaMask will explore the capacity of providing extra liquid staking companies. He likewise clarified that MetaMask was not supplying staking services directly however linking users to Ethereum’s significant liquid staking service providers through smart contract functionality.Pandoraland likewise enquired about the possibility of staking services being presented to MetaMask Institutional, the platform’s offering serving institutional clients.

While Mian decreased to comment particularly, he noted that MetaMask continues to examine its offerings across its series of services.Mian likewise stated that the impact of staking tools on Ethereum’s decentralization would depend upon their appeal, user experience and need for staking services.”Staking is just one aspect that can affect decentralization in a blockchain network.”Blockchain analysis carried out by Nansen in December 2022 revealed that demand for liquid Ethereum stakingservices was on the rise following the Merge. As of Jan. 13, the Ethereum staking agreement includes over 16 million ETH, with Lido’s liquid staking pool the biggest contributor with over 4.6 million ETH deposited.