Impact staking - a long term solution
Long term social impact funding, inflation proof returns and zero third-party risk
Launchnodes want people to use staking as a tool to fund social impact. If $5 billion of capital were impact staked on ETH, it could generate approximately $400 million annually in recurring returns to fund solutions in the problem space of climate change, inequality and infrastructure.
Ethereum
Ethereum is a general-purpose technology whose adoption will transform how we live and work and become the new financial fabric of the global economy. The scale of change Ethereum introduces is similar to the kind of changes brought about by the internet.
ETH staking
Staking allows the economic wealth generated by the growth of the Ethereum network/shared database, in terms of its adoption and the applications built on top of it to be shared in a different way to the Internet. Ethereum stakers earn returns by running validator nodes, that in turn do real on-chain work by validating the network. Impact staking uses this model to channel earned returns towards social impact, whilst allowing stakers/donors to retain their principal. This allows for:
Data being a source of economic wealth that can be monetised by everyone not simply Big tech companies who run centralised databases
Securing the Ethereum network by running validator nodes.
Key benefits
Nobody gives away their capital or donates it
Third parties do not take custody of the capital
Annual returns are inflation-proof
The commitments made to support outcomes are transparent
The frameworks and experiments are open source and are expanding based on new technology and new ideas
All outcomes/impacts can and should be data rich
Getting things wrong transparently allows improvements in outcomes
A long term funding mechanism without debt, from a fixed pool of capital
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