unshETHunshETH Research: Towards a General Approach for Creating Multiplier Curves (Pt. 1)
Incentivization is a critical part of any successful DeFi protocol. Without proper incentivization, it can be difficult to attract and retain participants, which can hinder the growth and sustainability of the network. Custom incentivization curves are a powerful tool for driving participation and promoting decentralization in these protocols. In this article, we'll explore how to create custom incentivization curves for protocols using the vdMining curve from UnshETH as an example. We&a...
unshETHunshETH Labs raises $3.3mm Seed Round
unshETH is a movement of visionary pioneers committed to bringing validator decentralization to Ethereum. We have successfully raised $3.3 million in our seed round. Joining us in this ambitious journey are renowned investors such as:Soma CapitalThe LAOBackend Capital922 CapitalElectric AntEFENTFan Zhang (Sequoia China)EpakonRoss LipsonMarty HuKevin Li (Goldsky)Jai PrasadEjaaz Alhamadeen300DAOMH VenturesThis funding will bolster our development efforts around Project Sentience and help us mak...
unshETHUSH: Maximizing Staked ETH Yields with Competitive Routing and ERC-1435
In this article, we will discuss the airdrop distribution, USH token distribution, and the roadmap for unshETH post-Shanghai. unshETH will launch a router for staked ETH liquidity, maximizing yield for deposited LSDs and preferentially depositing new ETH waiting to be staked. In order to achieve this, we propose a new standard, EIP-1435 that will allow approved LSDs to quote fixed yields for specific durations, with a "limit of coverage" that is based on the amount of USH they have staked.Air...
Bringing balance to the force of validator power. unshETH your ETH!
unshETHunshETH Research: Towards a General Approach for Creating Multiplier Curves (Pt. 1)
Incentivization is a critical part of any successful DeFi protocol. Without proper incentivization, it can be difficult to attract and retain participants, which can hinder the growth and sustainability of the network. Custom incentivization curves are a powerful tool for driving participation and promoting decentralization in these protocols. In this article, we'll explore how to create custom incentivization curves for protocols using the vdMining curve from UnshETH as an example. We&a...
unshETHunshETH Labs raises $3.3mm Seed Round
unshETH is a movement of visionary pioneers committed to bringing validator decentralization to Ethereum. We have successfully raised $3.3 million in our seed round. Joining us in this ambitious journey are renowned investors such as:Soma CapitalThe LAOBackend Capital922 CapitalElectric AntEFENTFan Zhang (Sequoia China)EpakonRoss LipsonMarty HuKevin Li (Goldsky)Jai PrasadEjaaz Alhamadeen300DAOMH VenturesThis funding will bolster our development efforts around Project Sentience and help us mak...
unshETHUSH: Maximizing Staked ETH Yields with Competitive Routing and ERC-1435
In this article, we will discuss the airdrop distribution, USH token distribution, and the roadmap for unshETH post-Shanghai. unshETH will launch a router for staked ETH liquidity, maximizing yield for deposited LSDs and preferentially depositing new ETH waiting to be staked. In order to achieve this, we propose a new standard, EIP-1435 that will allow approved LSDs to quote fixed yields for specific durations, with a "limit of coverage" that is based on the amount of USH they have staked.Air...
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In the beginning, there was Proof of Work.
The prophecy foretold the launch of a Beacon Chain.
Early believers gathered around in anticipation of the Beacon Chain, and brought forth the first Liquid Staking Derivatives in 2020.
As the movement gained momentum, developers scrambled to launch their own liquid staking derivatives, each vying for a share of the newfound capital flowing into the ecosystem. Lido, Ankr, SharedStake, and Rocket Pool emerged as the early leaders, amassing huge amounts of capital and power in the process.
But as their power grew, so too did their centralization. The beacon chain, meant to usher in a new era of decentralization, was in danger of falling into the hands of a select few.
As Shanghai loomed near and gave hope for a changing of the guard, a group of warriors rose to the challenge. They were led by the wise Piandao, the agile Altair, and the mighty Achilles, who sought to bring balance to the force of validator power through incentive design.
Enter unshETH.xyz, a decentralized, on-chain initiative to improve validator decentralization. Born out of a belief that on Ethereum, we govern by incentives rather than laws.
unshETH’s mission is simple — decentralization through incentivization. Through incentive engineering, unshETH aims to distribute capital across the LSD ecosystem in a manner that prioritizes validator decentralization.
With the launch of unshETH, a new chapter in the blockchain saga begins. A chapter where validator dominance is not determined by a select few, but by the collective will of the community. A chapter where those who believe in true decentralization can stake their claim and be rewarded for it.
The unshETH manifesto is a clarion call for the guardians of true decentralization. Rise with us in the battle against the forces of centralization and secure your place in the future of an Ethereum that remains unwavering in its commitment to trustlessness, censorship-resistance, and immutability.
We call upon all those who share our belief in decentralization to join us in this endeavor.
Join us on our journey to preserve the integrity of the Ethereum network. Follow us on Twitter and Discord for updates on our progress, and to stay involved in the unshETH community. Together, we can make a difference in the future of Ethereum.
-Achilles, Altair, Piandao
In the beginning, there was Proof of Work.
The prophecy foretold the launch of a Beacon Chain.
Early believers gathered around in anticipation of the Beacon Chain, and brought forth the first Liquid Staking Derivatives in 2020.
As the movement gained momentum, developers scrambled to launch their own liquid staking derivatives, each vying for a share of the newfound capital flowing into the ecosystem. Lido, Ankr, SharedStake, and Rocket Pool emerged as the early leaders, amassing huge amounts of capital and power in the process.
But as their power grew, so too did their centralization. The beacon chain, meant to usher in a new era of decentralization, was in danger of falling into the hands of a select few.
As Shanghai loomed near and gave hope for a changing of the guard, a group of warriors rose to the challenge. They were led by the wise Piandao, the agile Altair, and the mighty Achilles, who sought to bring balance to the force of validator power through incentive design.
Enter unshETH.xyz, a decentralized, on-chain initiative to improve validator decentralization. Born out of a belief that on Ethereum, we govern by incentives rather than laws.
unshETH’s mission is simple — decentralization through incentivization. Through incentive engineering, unshETH aims to distribute capital across the LSD ecosystem in a manner that prioritizes validator decentralization.
With the launch of unshETH, a new chapter in the blockchain saga begins. A chapter where validator dominance is not determined by a select few, but by the collective will of the community. A chapter where those who believe in true decentralization can stake their claim and be rewarded for it.
The unshETH manifesto is a clarion call for the guardians of true decentralization. Rise with us in the battle against the forces of centralization and secure your place in the future of an Ethereum that remains unwavering in its commitment to trustlessness, censorship-resistance, and immutability.
We call upon all those who share our belief in decentralization to join us in this endeavor.
Join us on our journey to preserve the integrity of the Ethereum network. Follow us on Twitter and Discord for updates on our progress, and to stay involved in the unshETH community. Together, we can make a difference in the future of Ethereum.
-Achilles, Altair, Piandao
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