We are thrilled to announce the launch of unshETH v2 on Ethereum and
@BNBChain
.
unshETH v2 greatly expands the functionality of unshETH and paves the way to further decentralization and real yield.
1/ This week marks the 1 year anniversary of unshETH's launch, and today we go back to our degen roots that kicked off the LSDFi movement.
Are you ready to unshETH your ETH anon?
🧵 ⬇️
At approximately 14:00 UTC (6 hrs ago), one of the deployer private keys for unshETH contracts was compromised.
Out of an abundance of caution, we emergency paused withdrawals on unshETH Ether. Given our security model, unshETH Ether deposits ($35m tvl) are secured with
Introducing "Liquid Blast ETH" (blETH)!
@Blast_L2
is a brand new Ethereum L2 backed by
@paradigm
with native yield for ETH and stablecoins that launched yesterday. It launched with a blast - quickly gathering over $80 million in TVL and >23k!
Last chance for the hacker to return funds and walk away with clean hands. This is your final warning:
We're happy you decided to return the contract ownership, as we have said. However, you still have ~$375,000 of funds that are not yours to keep. You
Security is our top priority and we've taken recent actions to improve the security, governance, and centralization risks to unshETH, starting with an audit from
@0xPaladinSec
. Check out the full audit 👇
We are happy to announce that the Arbitrum STIP Backfund proposal has successfully passed!
@unsheth_xyz
will be receiving a 375K ARB grant (worth ~$400k) to help grow the unshETH protocol on Arbitrum: get ready for Arb szn!
Rewards from the AMA with
@PancakeSwap
have gone out. Thanks to all who participated. Don’t worry, there’s more! Join our quest available on
@Galxe
with
@PancakeSwap
.
You can read more and join 👇
It has been four months since unshETH's expansion to Arbitrum, marking a significant milestone in our mission to broaden accessibility of LSTs to all DeFi users.
Today we are pleased to share our application for the latest Arbitrum incentive program.
Reminder that we are hosting a Happy Hour at ETHCC in Paris and giving away 10 tickets.
Attend if you wish, miss out if you must. 🤓
Our ushy will be leaking with *insert*
Heading to
#ETHCC
?
Join us to experience the ultimate fusion of
@vertex_protocol
x
@redactedcartel
x
@unsheth_xyz
x
@vec0zy
at our Happy Hour Event!
📍 Paris, France
📅 July 17th from 3-6pm
We are giving away 10 tickets! Check out how to enter for a chance to attend 👇
unshETH is now officially participating in the Aura + Balancer governance process by providing incentives through the Hidden Hand marketplace! We've submitted 100K USH to the Aura market and 10K USH to the Balancer market to grow USH-ETH liquidity.
We're excited to announce the addition of
@swellnetworkio
&
@ankrstaking
to the unshETH ecosystem!
Both of their LSTs offer unique solutions, diversifying the risk of the unshETH index further.
They have joined the battle to decentralize LSTs and thus Ethereum's Validators.
We're excited to finally unveil new details about our token governance model, vdUSH!
vdUSH is non-transferable token & represents voting power.
vdUSH is obtained by locking USH or USH/unshETH 80/20 BPT (Balancer LP token).
⬇️
Join us next Wednesday at 4pm UTC for an AMA with
@HMXorg
to learn more about them and a potential collaboration with unshETH 👀
250 $USDC & XP points (for $esHMX 🪂) will be up for grabs! Check out the 3 ways to participate and set a reminder 👇
unshETH has partnered with
@Unlockfi
to boost liquidity for unshETH on
@mavprotocol
with the launch of V2. Please check out the Maverick checker for potential Season 1 ecosystem award for qualifying users!
V2 is here!
As part of the launch Unlock has aligned with
@swellnetworkio
,
@unsheth_xyz
and more to provide the infra for liquid staking their veMAV.
unkMAV liquidity, more external protocol alignment and vault products to follow! 👀
Our Balancer proposal has passed thanks to the help of
@AuraFinance
, locking in incentives for our liquidity & TVL.
USH/ETH LP will be available on
@Balancer
+ deposits into
@AuraFinance
coming soon™.
will allow for a smooth UX of the above when live.
Heading to
#ETHCC
?
Join us to experience the ultimate fusion of
@vertex_protocol
x
@redactedcartel
x
@unsheth_xyz
x
@vec0zy
at our Happy Hour Event!
📍 Paris, France
📅 July 17th from 3-6pm
We are giving away 10 tickets! Check out how to enter for a chance to attend 👇
Despite queued redemptions from cbETH since the Shanghai upgrade, DeFi integrations have helped to strengthen its market share in the ETH liquid staking sector.
@coinbase
1/ After weeks of relentless, no touching grass, heads-down building, unshETH Labs is incredibly proud to announce the rollout of Phase 1 of Project Sentience: reshETH.
With the endgame more clearly in sight than ever before, let's dive in. 🧵
🧵
We’re excited to announce several updates regarding unshETH DAO governance.
As protocols join unshETH, vdUSH stakers who participate in governance & vote for the addition of new LSD protocols will be eligible to receive other protocols' governance token rewards.
⬇️
unshETH v2 paves the way for unshETH to be a brand new DeFi primitive. Check out the full article to learn more about our expansion to
@BNBCHAIN
, product updates, what v2 brings to users, and our partnerships with
@LayerZero_Labs
and
@StargateFinance
The Arbitrum Happy Hour is back! Join us this Friday with
@island_westlake
and
@ani_pai
as we chat with our frens who have recently launched new and exciting things on
@arbitrum
!
🗓️ June 23rd 4pm EST / 8pm UTC
Set a reminder 👇
Get ready for Arbitrum incentives starting next week! In preparation - join the UnshETH Twitter/Meme Competition on Discord.
Categories:
-Best Meme
-Best Informational Content/Thread
-Best Banger Tweet
Winners in each category will receive 1000 USH, a retweet from
Join us tomorrow at 4pm EST as we celebrate the launch of unshETH v2 and multichain expansion with guest host
@PrimordialAA
of
@LayerZero_Labs
. Set a reminder below 👇
We are excited to share our latest collaboration with
@ZeroLiquid_XYZ
!
ZeroLiquid is a lending protocol that enables users to open self-repaying, non-liquidating, 0% interest loans of up to 50% of LTV, supporting unshETH as of today.
Check out to start
unshETH's Market Cap and Fully Diluted Value (FDV) has been updated on
@dexscreener
It now displays the correct real-time data directly from
@Coingecko
Thank you to both teams for the quick work!
We’re coordinating with security partners to make sure the network level Shanghai upgrade proceeds smoothly. Out of an abundance of caution, deposits into unshETH are temporarily paused. So far, everything looks good.. deposits will be re-activated tomorrow!
$USH emissions have been reduced by 60% to align emissions with TVL and reserve tokens for $SENT launch. This reduction is in line with the recent reduction in team vesting rate.
@arbitrum
You can now bridge unshETH or USH from and to ETH <> ARB <> BSC thanks to the chads at
@LayerZero_Labs
@stargatefinance
!
UX now allows for:
-Sending tokens to a different address
-Gas to be airdropped & paid for on source chain
Go to and start bridging!
We’re coordinating with security partners to make sure the network level Shanghai upgrade proceeds smoothly. Out of an abundance of caution, deposits into unshETH are temporarily paused. So far, everything looks good.. deposits will be re-activated tomorrow!
Join us tomorrow for a Community AMA. Drop your question in the # ama-q’s section of our discord ahead of time!
🗓️ Wednesday July 26th
🕰️ 5pm UTC
Set a reminder 👇
Our first co-incentives are now live from
@ankrstaking
.
ANKR co-incentives are available for vdUSH lockers.
USH emissions have been cut proportionally.
vdUSH lockers can simply click "Claim ANKR" button ➡️ to claim rewards.
Join us for our 3rd weekly spaces tomorrow as we discuss our vision for universal access to staked ETH, our ETHDenver recap, and reveal our first multi-chain product!
Featuring
@MacroMate8
,
@EIP_Alta1r
, and guests from
@coraldefi
Today is the day! Can't wait to see you all at the ultimate DeFi experience with
@vertex_protocol
@redactedcartel
@vec0zy
.
Word on the street is that there is some new unshETH merch dropping ... any guesses?
Introducing unshETH Research, our informal research blog! Check out the first entry by
@EIP_Alta1r
on how we built the vdMining curve and how other protocols can use similar curves.
UIP-01 is now live on
@snapshotlabs
This proposal outlines a formal process for introducing unshETH Whitelisting Proposal (UWP) for new LSTs, rather than relying on the standard UIP voting process.
⬇️
Tomorrow we launch on
@BNBCHAIN
and we will be holding an AMA answering any questions you might have about the protocol. You can drop your questions here, in the discord, or bring ‘em to the space. Don’t forget to set a reminder 👇
From now on Mondays are for memes. Thanks to
@ratmaxxing
and this gem of a meme we’ve decided to hold a weekly contest. Head over to our discord to submit your memes. Did we mention there is USH in it for you?
Our partner
@Redstone_defi
is shaking up the Oracle space. Can't wait to see how their modular design and cross-chain capabilities accelerate unshETH’s growth further!
Announcing RedStone &
@warp_contracts
Exclusive Angel Round 🎉
Leading Web3 Builders support us in creating the future of Oracles
Priorities?
• Highest Security Standards
• Customisability to meet Builders’ Needs
• Best-in-class Tech optimised for EVMs & beyond ♦️
Details👇
The latest snapshot proposal which aims to reduce and redirect emissions towards ecosystem expansion + consolidate incentives under vdUSH has now passed with a 100% yes vote!
Below are the key highlights 👇🧵
We can’t wait for the Crypto BFF Breakfast
@consensus2023
tomorrow!
RSVP 👇 for the breakfast and Liquid Staking panel at Halcyon.
🗓️ Date: Tuesday April 25th
⏰ Time: 9:00am to 11:00am GMT-5
📍 Location: Austin, Texas
We're excited to finally unveil new details about our token governance model, vdUSH!
vdUSH is non-transferable token & represents voting power.
vdUSH is obtained by locking USH or USH/unshETH 80/20 BPT (Balancer LP token).
⬇️
#ETHGlobalWaterloo
is almost here!
Come join us June 23-25th for a hackathon bringing it back to the roots of where
@ETHGlobal
originally started.
Check out more about the unshETH prizes 👇