Through this service, MetaMask clients can delegate the responsibilities of a validator without the need to purchase equipment or join a pool. Importantly, users will maintain complete control over their accounts and financial assets, offering enhanced security and peace of mind. This service is accessible through MetaMask Portfolio, and to begin, users are required to deposit a minimum of 32 ETH (equivalent to approximately $76,000 USD) or a multiple of this amount.
The development of this service involved collaboration with ConsenSys Stake, an esteemed participant in the blockchain industry. According to ConsenSys Stake representatives, users can anticipate an annual return of 4%, considering the 10% fee deducted by MetaMask.
Despite the promising nature of this new service, it has faced criticism from certain members of the cryptocurrency community. Lefteris Karapetsas, the creator of the Rotkiapp application, expressed dissatisfaction with MetaMask’s offering due to the relatively high 10% commission.
MetaMask had previously introduced a privacy module to enhance transparency and security in transaction modeling.