unshETH Review

unshETH is a decentralized finance protocol that raised $3.3 million in seed funding in August 2023, attracting investments from well-known backers like Soma Capital, ICONIQ Capital, Backend Capital, and MH Ventures. The project focuses on decentralizing Ethereum staking through its innovative unshETH Ether token, which combines liquid staked ETH into a single ERC-20 token. This makes it easier for users to access staking rewards and transfer assets across multiple blockchains, including Ethereum, BNB Chain, and Arbitrum.

$866 950

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unshETH offers

UNSHETH

3.22%

Status

Available

Flexible

$421 678

Ethereum

Coin

Action

UNSHETH

3.22%

Flexible

$421 678

Ethereum

Crypto earn alerts on unshETH

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For unshETH, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on unshETH.

Earning crypto on unshETH

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from unshETH. Check the table above for all the details.

Current TVL of the unshETH protocol

The unshETH protocol's Total Value Locked (TVL) is currently $866 950. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like unshETH is holding.

unshETH protocol type

unshETH is an index-based DeFi tool designed to make investing in a diversified portfolio simple and efficient. By holding a single index token, users gain exposure to a mix of assets, helping to spread risk and streamline their portfolio. unshETH focus on effective index management means lower transaction costs and straightforward access to a variety of DeFi assets, making it easier to explore the DeFi space.

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