🔑Custody For Impact Stakers and Social Impact Organisations

Custody options for Impact Staking

As someone donating using LIS, you will need to establish how you custody the ETH/stETH/wstETH you are staking.

Self Custody

The most effective strategy for making a meaningful impact is to maintain control over your Ethereum, your staking returns, and the contributions you make through Lido Impact Staking (LIS).

You can connect to LIS by storing ETH/stETH/wstETH in a Lido-compatible wallet, where only you have access. This enables you to support social impact initiatives by donating a portion of your Lido staking returns.

If you would like to learn more about self-custody and using LIS join our community here.

Custody Patterns

LIS demonstrates the practical usefulness of Ethereum and ETH/stETH/wstETH staking and is about widening the participation in both. If your organisation, as a regulated entity or through its mandate has no ability to self-custody or hold crypto assets but is interested in using LIS as a new funding mechanism for social impact, contact us and we can support you to experiment with LIS using custody partners and technology patterns to help you participate.

Custody Partners for Impact Stakers and Social Impact Organisations (BitGo)

Launchnodes works with BitGo to help organisations start their impact staking journey as impact stakers by developing a custody pattern for buying and storing ETH/stETH/wstETH. BitGo can also help if you would like to be listed on the Social Impact Marketplace and need a custody partner to help you receive staking returns and convert ETH/stETH/wstETH to fiat.

BitGo's ETH/stETH/wstETH custodial wallet service offers a secure and reliable solution for storing Ethereum (ETH) and Ethereum-based assets. It provides institutional-grade security measures, including multi-signature wallets, cold storage, and robust encryption protocols, ensuring the safety of clients' digital assets. With BitGo's ETH/stETH/wstETH custody service, clients can enjoy peace of mind knowing that their Ethereum holdings are protected by industry-leading security features, helping you manage internal and third-party legal and compliance requirements.

If you would like to Impact stake but need support to custody your assets, contact us to learn more about BitGo services and how they can help you get started.

Other custody solutions and approaches are also possible - please contact us to discuss your specific requirements.

Join the social impact marketplace

Receive impact staking returns to support social impact in your data-rich context.

If your organisation is interested in using LIS as a funding mechanism for your social impact outcomes apply here.