Lido Impact Staking is officially launched by Pakinomist

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London, United Kingdom (TADAWUL:), 15 Jan 2025, Pakinomist

Officially launching on January 15, 2025, Lido Impact Staking (LIS) introduces a new approach to sustainable social impact funding that leverages stake rewards and Lido middleware to create lasting change.

With LIS, users can stake ETH, stETH or wstETH and allocate a percentage of stake rewards to social impact projects of their choice. This innovative model allows individuals, organizations and DAOs to support causes transparently and forever without ever compromising their original capital.

Another feature of Lido Impact Staking is its permissionless framework. Any social impact project can be registered on the platform. By decentralizing and democratizing philanthropy, LIS is paving 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 as a one-time investment, where donors contribute limited resources, later validated through monitoring and evaluation. Lido Impact Staking (LIS) recreates this approach by allowing users to stake (ETH/stETH/wstETH) and allocate a percentage of stake rewards for impactful, data-driven purposes. This innovative model transforms ROI into a sustainable source of funding for social good, allowing donors to support meaningful change without committing their capital. In this new model of philanthropy, blockchain technology enables transparency and trust.

At launch, LIS supports two initiatives with great impact:

  • Give directly: focuses on providing direct cash transfers that enable individuals in poverty to make independent financial decisions and meet their needs.
  • Tree judgment: Promote reforestation and carbon removal through sustainable tree cultivation, creating environmental and social benefits.

These initial projects demonstrate the potential of LIS to deliver lasting funding streams to critical causes and reshape philanthropy through Ethereum entrepreneurship.

Core features of Lido Impact Staking

  • Long-term social impact: By leveraging effort rewards, LIS ensures a consistent flow of funding for social impact initiatives, allowing 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 stake rewards and monitor the real world through the LIS dashboard, promoting trust and accountability.
  • Financial Flexibility: Donors retain full access to their main Ethereum holdings (ETH/stETH/wstETH) with the freedom to withdraw or reallocate their funds at any time.
  • Sustainable Contribution: The continuous generation of stake rewards creates a self-sustaining model of philanthropy that maximizes the potential for long-term contributions.

    • Positive potential for Ethereum stakes

    “We need new financial tools to solve problems that have a new scale. Impact effort changes what it means to be a donor by not needing them to give away their capital, rather the opportunity cost of something of their return on stake” said Jaydeep Korde, founder of Lido Impact Staking “Impact staking is a new open source financial tool that creates real-world impact for real people.”

    Sore

    Impact Staking was originally conceived and developed by the team at Launchnodes after Ethereum became a Proof of Stake blockchain. Formed in April 2020, Launchnodes supports customers globally to own Ethereum alone and operate 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) awarded a grant to Launchnodes in 2023 to enable the creation of an Impact Staking platform leveraging 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 about the potential of Impact Staking as a new and innovative model of philanthropy and creating maximum positive impact.

    For more information on Lido Impact Staking and how to start staking for social impact, visit impactstake.com or contact us on social media:

    • Twitter: @impactstake
    • LinkedIn: ImpactStake

    Homepage: impactstake.com

    ContactAndrew D.Lido Impact Stakingsocial@impactstake.com

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