GSR Foundation & Mercy Corps Ventures Pioneer Philanthropic Crypto: Lido Impact Staking Rewrites the Rules of Charitable Funding
Crypto meets charity in a bold new play—GSR Foundation just turbocharged Mercy Corps Ventures' mission through Lido's staking protocol. Forget bake sales—this is Web3 philanthropy on steroids.
How it works: Staking rewards get funneled directly into humanitarian projects. No banks, no middlemen—just programmable altruism.
The cynical take: Wall Street's still trying to figure out staking yields while crypto VCs accidentally invent the most efficient charity model since the Rockefeller Foundation. Maybe those 'useless monkey jpegs' will end up funding vaccines after all.