Introduction to LIS
Last updated
Last updated
Lido Impact Staking (LIS) connects to Lido's Ethereum liquid staking engine to fund a social impact marketplace of organisations and people who are making the world a better place by using staking returns to alleviate poverty, fight climate change and more.
LIS has been built to use ETH/stETH/wstETH staking as a new long-term financing tool to fund social impact.
The initial key goals are to:
Allow ETH/stETH/wstETH stakers to donate a percentage of their staking returns to fund social impact.
To allow donors a model where they get their money/original capital back at the end of a given time period.
Establish a marketplace of credible organisations alleviating poverty, fighting climate change and pursuing other forms of social impact, in a data-rich context that makes it easy to understand and measure the benefits of the impact they are delivering.
Lido Impact Staking (LIS) also exists to challenge a widely held belief by the general public that blockchain technologies and cryptocurrencies are a speculative gamble with no societal benefits. There is also a malaise within web3 and blockchain communities that the focus for builders in this space is heavily skewed towards financial gain at all costs.
Lido Impact Staking demonstrates that these perceptions are not indicative of the Web3 community overall and that Ethereum and staking, can be a serious long-term financing tool to address the world’s most pressing problems.
