$ETH In a groundbreaking initiative to diversify funding streams amidst global financial challenges, Switzerland for UNHCR, the UN Refugee Agency’s National partner for Switzerland, has partnered with Lido Impact Staking (LIS). This collaboration introduces a novel avenue for supporters to stake Ethereum (ETH), opportunities to earn staking rewards, and allocate a portion of these rewards to aid refugees worldwide.
As UNHCR faces significant funding reductions, impacting millions of displaced individuals, the agency is exploring innovative solutions to sustain its humanitarian efforts. By integrating with Lido Impact Staking, Switzerland for UNHCR taps into the burgeoning world of decentralized finance (DeFi), enabling crypto enthusiasts and donors to contribute to refugee assistance without liquidating their assets.