About Lido Impact Staking
Lido Impact Staking enables users to stake using Lido and automatically send some, or all of the staking rewards to causes, impactful projects, or organizations delivering social impact. Causes provide regular updates on progress and results, enhancing trust and ensuring that funds are having their intended impact.
LIS was launched with poverty alleviation (GiveDirectly) and carbon sequestration (Treedom) causes already plugged in. The latter aims to make Ethereum carbon neutral. Mercy Corps, Giga Global, Grassroots Economics are just some of the NGOs soon to be added to LIS with donations enabled.
Foundations, DAOs, Corporates and individuals are wary of donating to causes, with low confidence in the desired outcome. Impact staking enables donors to retain their principal in full,
and remain in control of how staking rewards are used to fund the most demonstrably impactful causes and projects.
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