🪙Donating staking returns
Last updated
Last updated
LIS allows you to donate a percentage of your staking returns to causes in the social impact marketplace. You can choose any percentage to donate for any period of time. The first organisations in the social impact marketplace (SIM) have data rich contexts for their work in alleviating poverty, reducing the effects of climate change.
Your ETH/stETH/wstETH is staked via the Lido protocol and its network of global node operators. The percentage of rewards you keep compounds and you can withdraw your rewards at any time. The returns you donate are made available to the social impact organisation to start the withdrawal process as soon as they have been awarded using LIS.
The social impact organisation receives donations every 24hrs.