A staking pool allows multiple stakeholders to unite their staking power in the process of verifying and validating new blocks, so they have a higher probability of earning the block rewards. Especially since the ETH transition from the proof-of-mine to proof-of-stake model, staking pools are a strong community pillar.
Lots of experienced users in the cryptocurrency space, especially if they have significant funds at their disposal, prefer to earn the bulk of their passive income from staking as opposed to trading. Simply by placing their funds in a staking pool, usually managed by an experienced stake manager, they can make a profit without risking their savings more than they would without it.
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