Several Reasons:

• You tokenize your stake so now you can use stNEAR in the emerging NEAR DEFI market while you keep earning staking rewards. Liberate your stake now!!
• Once you stake here, you can do Liquid Unstakes, meaning you can get your NEAR back without waiting several days
• You avoid putting all eggs in one basket. This contract distributes it’s delegated funds into several validators, so you greatly reduce the risk of getting no-rewards due to validator outages
• By distributing stake, you contribute to decentralization and censorship-resistance for the NEAR protocol
• You get $META governance tokens automatically while using this contract

stNEAR means staked-NEAR, is the NEP-141 token this contract manages, representing your share of the MetaPool stake. After staking, you can use your stNEAR in other markets while still earning rewards. After each epoch, the stNEAR price will increase as staking-rewards are added to the pool. stNEAR price will always increase as long as there are staking rewards.

Within the contract there's a Liquidity Pool, the pool works like an "single-direction swap pool" allowing you to swap stNEAR for NEAR paying a "swap fee". The fee increases when there's low liquidity in the pool and decreases when the liquidity is abundant.

Anyone can provide liquidity and earn fees in the process. Check the "Liquidity" section.

In the NEAR blockchain, validators can not remove their stake immediately and must wait some period to do so. Waiting periods can be from 2 to 4 days.

Good question! The meta-pool staking is reflected in you holding stNEAR tokens, it will not be reflected in the wallet as "staking", it will be reflected as stNEAR tokens

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The Open Source documentation for the protocol is in this Github repo.

Please review the Tokenomics & Governance and Legal & Risk Disclosure.