London, United Kingdom, January 15th, 2025,
Chainwire
Lido Impact Staking (LIS) officially launches
on the 15th of January 2025, and introduces a new approach to
sustainable funding for social impact, leveraging Ethereum staking
rewards and Lido middleware to create lasting change.
With LIS, users can stake ETH, stETH, or wstETH and allocate a
percentage of staking rewards to social impact projects of their
choice. This innovative model allows individuals, organizations,
and DAOs to support causes transparently and perpetually, without
ever compromising their original capital.
Another feature of Lido Impact Staking is its permissionless
framework. Any social impact project can register on the platform.
By decentralizing and democratizing philanthropy, LIS paves the way
for a new era of accessible, sustainable social impact funding.
For more information, users can visit LIS.
Rethinking Philanthropy: A Sustainable Model for
Impact
Traditional philanthropy often operates like a single-use
investment, where donors contribute finite resources, later
validated through monitoring and evaluation. Lido Impact Staking
(LIS) reimagines this approach by enabling users to stake Ether
(ETH/stETH/wstETH) and allocate a percentage of staking rewards to
impactful, data-driven causes. This innovative model transforms
staking returns into a sustainable funding source for social good,
allowing donors to support meaningful change without relinquishing
their capital. In this new model of philanthropy, blockchain
technology enables transparency and trust.
At launch, LIS supports two high-impact initiatives:
- GiveDirectly: focuses on providing direct cash
transfers, enabling individuals in poverty to make independent
financial decisions and address their needs.
- Treedom: Driving reforestation and carbon
removal through sustainable tree cultivation, creating
environmental and social benefits.
These initial projects showcase LIS’s potential to provide
enduring funding streams for critical causes, reshaping
philanthropy through Ethereum staking.
Core Features of Lido Impact Staking
- Long-Term Social Impact: By leveraging staking rewards, LIS
ensures a consistent stream of funding for social impact
initiatives, empowering organizations to plan and execute long-term
projects with confidence.
- Transparency and Trust: Built on Ethereum, LIS offers
unparalleled on-chain transparency, allowing donors to track
staking rewards and monitor real-world impact through the LIS
dashboard, fostering trust and accountability.
- Financial Flexibility: Donors maintain full access to their
principal Ethereum holdings (ETH/stETH/wstETH), with the freedom to
withdraw or reallocate their funds at any time.
- Sustainable Giving: The continuous generation of staking
rewards creates a self-sustaining model for philanthropy,
maximizing the potential for long-term contributions.
Positive Potential of Ethereum Staking
"We need new financial tools to solve problems that
have a new scale. Impact staking changes what it means to be a
donor, by not needing them to give away their capital, rather the
opportunity cost of some of their staking return” said Jaydeep
Korde, a founder of Lido Impact Staking. "Impact staking is a
new open source financial tool that creates impact in the real
world for real people."
About
Impact Staking was initially conceived and
developed by the team at Launchnodes after Ethereum became a Proof
of Stake blockchain. Launchnodes was formed in April 2020 and
supports customers globally to solo stake Ethereum and run their
own ETH nodes and infrastructure, without ever having to share
their keys or give up custody of their ETH.
The Lido Ecosystem Grants Organization (LEGO) provided a grant
to Launchnodes in 2023, to enable an Impact Staking platform to be
created, that leverages Lido's proven, scalable middleware. This
resulted in Lido Impact Staking.
The LIS team is now engaged with NGOs, governments, charities,
family offices, foundations, and other impact causes and donors -
all of whom are excited by the potential of Impact Staking as a new
and innovative model for philanthropy and driving maximum positive
impact.
For more information about Lido Impact Staking and how to start
staking for social impact, visit impactstake.com or connect with us on
social media:
Website: impactstake.com
Contact
Andrei D.
Lido
Impact
Staking
social@impactstake.com