3 mins readUnshETH, a decentralized finance protocol, recently bagged $3.3 million. Big players like Soma Capital, MH Ventures, and ICONIQ Capital have invested. They believe in UnshETH's mission: to change the liquid staking industry. UnshETH opens competition among ETH liquid staking. Why? To encourage more decentralization. This aims for a top-notch ETH staking experience for everyone.
Credit: unsheth.xyz
What is UnshETH?
UnshETH is a modern DeFi protocol. Decentralization is its main focus. Its goal is to make staking Ethereum easy for many people. How? Via its innovative unshETH Ether token. This token is a diverse liquid staked ETH pile. It makes Ethereum staking rewards. It also makes swap fees when the unshETH vdAMM is used. All this within one ERC-20 token.
That's not all! UnshETH Ether is Omnichain. It can be moved between ETH Mainnet, BNB Chain, and Arbitrum via LayerZero. This makes enjoying Ethereum staking rewards and swap fees easy. All within one token! Staking Ethereum becomes fast and easy.
UnshETH's Seed Round Investors
Lots of big investors invested in UnshETH. Who?
- 300DAO
- 922 Capital
- Backend Capital
- EFENT
- Ejaaz Alhamadeen
- Electric Ant
- Epakon
- Fan Zhang (Sequoia China)
- ICONIQ Capital
- Jai Prasad
- Kevin Li (Goldsky)
- Marty Hu
- MH Ventures
- Ross Lipson
- Soma Capital
- The LAO
Why? These investors see UnshETH's potential. It could reshape the liquid staking industry. UnshETH promises superior staking experiences for its users worldwide.
Fresh Ideas from UnshETH's DeFi Platform
There's a new plan in town. UnshETH's DeFi is changing the game. It's leading ETH liquid staking models to new heights. It aims for a balance in validator roles. UnshETH Ether is their awesome idea. It's the new ERC-20 token that lifts up liquid staked ETH.
The Magic of UnshETH Ether
UnshETH Ether is a wild card. It's not just a token to users. It opens up ETH staking gains and swap fees. It's all in just one token! UnshETH Ether provides a win-win. Users get ETH rewards plus the swap fees too.
Meet the UnshETH vdAMM
Introducing the UnshETH vdAMM. It's no ordinary market maker. It's decentralized and it's automated. This is where users can swap through different ETH protocols. Here, liquidity thrives. Validators constantly compete here.
Boosting UnshETH's Creation Journey
UnshETH just grabbed a funding seed round. The gains will fuel the protocol's growth. The UnshETH squad is packed. They are skilled developers and industry gurus. They paint a bright future for DeFi. It centers around validator balance. Plus, they promise the best ETH staking journey. Destined for millions of users worldwide!
