Immunify.Life & Telos Leverage Staking to Drive ESG Initiatives
Immunify.Life is excited to announce a partnership with Telos, a third-generation blockchain platform for building fast, scalable, distributed applications. We aim to help create a sustainable future with decentralized healthcare service delivery; our collaboration with Telos aligns with this goal. Through the partnership, Immunify.Life will leverage Telos’ innovative staking mechanisms and network protocols to create an incentive-focused program that supports ESG (Environmental, Social, Governance) causes.
Telos: Sustainability, Governance, and Decentralization
Telos is a fast, scalable, and near-feeless blockchain protocol with solid governance principles to shape the future of digital economies and web3.0. Telos is a leading ESG compliance protocol with governance solutions that help organizations build decentralized systems which improve transparency and foster collaborative decision-making.
Telos comes with various innovative tools that provide developers with different options for scaling or building their own ecosystems. The platform also integrates strong tokenomics and token utility with solid reward offerings for its holders. Since its creation two years ago, the Telos economy has significantly expanded, with over 100 projects building on the network and more than 900k active users.
Immunify.Life & Telos: Localized Staking Unlocked!
The partnership with Telos focuses on building a staking/reward system that incentivizes support for ESG causes. We are working with Telos to create a mechanism that encourages and promotes ESG causes. Telos and Immunify.Life will deploy localized staking pools. Users can create localized staking pools with their own rules and parameters. Interested stakers can access these pools and stake IMM tokens; the rewards earned are proportional to the IMM tokens staked within the localized pools.
The operators of these local pools decide how many IMM tokens are redistributed to the stakers (as rewards) and the amount retained for charitable causes. This approach to the staking reward system fosters transparency and decentralized governance. With the integration of these localized staking pools, the Telos community can now support ESG causes while earning staking rewards simultaneously.
“As healthcare service providers, ushering in a sustainable, green, and healthy future for humanity is one of our priorities. Our partnership with Telos plays a vital role in this objective. Considering the emphasis on ESG, EVM compatibility, and its eco-friendly conscious community, Telos is a natural choice for Immunify.Life. We are proud to build with Telos, leveraging their innovative web3 solutions while creating exciting reward mechanisms that benefit both our communities.”
The Founder of Immunify, Guy Newing.
Immunify.Life is a transformative and self-sustaining healthcare ecosystem secured by blockchain with the mission to transform the landscape of health management and data utilization. The project leverages the power of Big Health Data and Artificial Intelligence to ensure seamless movement of de-identified patient healthcare data.
Immunify.Life has established a strong presence in Africa with a team that has over 60 years of combined experience in the relevant industries. It is a world-first holistic and self-sustaining ecosystem to solve global health management crises and data collection challenges.