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unshETH

A Potential LSD Protocol

UnshETH is a cutting-edge DeFi protocol designed to promote validator decentralization and provide the best Ethereum staking experience to millions of users. The protocol introduces the revolutionary unshETH Ethereum, a diversified basket of liquid staked ETH that earns Ethereum staking rewards and exchange fees generated by the unshETH vdAMM, encapsulated in a single ERC-20 token. UnshETH Ether is also an Omnichain token, ensuring seamless transfers between the ETH mainnet, BNB chain, and Arbitrum via LayerZero.

They raised $3.3 million from a number of high-profile investors including @Soma_capital @ICONIQGrowth @TheLAOOfficial @BackendCapital @electricfeelent @MH_Ventures @300DAOxyz @jai_prasad17.