MetaMask “opens” ETH staking via Lido Finance and Rocket Pool

Wallet provider MetaMask has now started supporting ETH staking through Lido and Rocket Pool, parent company ConsenSys announced on January 13.

According to MetaMask's website, users can earn around 5.38% annual interest for depositing ETH in Lido and 4.58% through Rocket Pool.

5.38% is it worth participating? I currently have some ETH that I don't know what to do. Is everyone resting? Currently, I am staking with RBIF. APR and APY are also pretty good and I can unlock it anytime

https://preview.redd.it/vpbjmumj4yba1.png?width=581&format=png&auto=webp&v=enabled&s=d9f8fe94718e1cacd66e6cc2a546dd566654c393

reddit image

3 thoughts on “MetaMask “opens” ETH staking via Lido Finance and Rocket Pool”

  1. Beep Boop

    1. NEVER share your secret seed phrase AKA secret recovery phrase.

    2. EVERYONE DMing you to help is a SCAMMER.
      MetaMask Support will NEVER DM to help you.

    3. AVOID scammers by turning off your DMs.
      Go to: https://new.reddit.com/settings/messaging
      > “Who can send you chat requests” – Nobody
      > “Who can send you private messages” – Nobody
      MetaMask Support will NEVER DM to help you.

    4. NEVER DM or accept DM from ANYONE offering to help.
      They are SCAMMERS and will steal your money.

    5. NEVER enter your secret recovery phrase aka seed phrase into any website online.
      These are the 12 words given to you when you set up MetaMask.

    6. NEVER go to ANY websites sent to you.
      These are SCAMS and your money WILL be stolen.

    7. NEVER SYNC or VALIDATE your wallet to ANY websites.
      This is a SCAM and your money WILL be stolen.
      NEVER SYNC in ANY FORM: QR Codes, seed phrases, secret recovery phrase, private key, etc.

    8. NEVER call phone numbers, text Whatsapp numbers, DM on Discord or do video chat with people on this subreddit
      MetaMask DOES NOT offer customer support in this manner. You WILL BE SCAMMED.

    9. ONLY get help from Support.MetaMask.io or community.metamask.io
      We are NOT on Telegram, WhatsApp, WeChat, Instagram, Facebook or any social media platform.
      DO NOT DM with people on ConsenSys Discord, as they are probably scammers.
      There is NO exclusive MetaMask Discord.

    10. Back up your secret recovery phrase

    11. Learn more at MetaMask Learn

    I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

  2. Beep Boop

    Have a question about your wallet, seed phrases, secret recovery phrases, accounts and how to access it?

    Learn more about wallet, seed phrases, secret recovery phrases, accounts and how to access it.

    After reading, let us know if it was helpful in this thread.

    NEVER share your seed phrase / secret recovery phrase, especially in DMs, websites, or any other places etc.
    DO NOT connect your wallet to websites sent to you in DMs.
    NEVER speak in DMs with ANYONE.

    I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

  3. Nobody can give you financial advice on this one. Something you’ll want to research the pros/cons to make the decision of what’s the ideal situation for you. Not trying to be sassy with that answer, just throwing a response out there.

    You can check out more information here:

    https://metamask.zendesk.com/hc/en-us/sections/10505259606555-MetaMask-Staking

Leave a Comment