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Introduction of unshETH (USH)


Brief Introduction

unshETH is a novel DeFi primitive that promotes validator decentralization by fostering competition among ETH liquid staking protocols to bring the best ETH staking experience to millions of users. 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.




Please note:

All information in this page is provided by the project team. Strictly for references only.

 

Project Highlights

unshETH is a diversified liquid staked ETH basket that earns staking ETH yield and swap fees, all wrapped in a single ERC-20 token. USH is the governance token and incentive layer for unshETH. It is used to grow unshETH TVL and liquidity, and to foster competition among liquid staking protocols.




Token Allocation:

Type

Percentage

Amount

Liquidity Incentives

47%

67,445,000

Core Team

13.60%

19,516,000

Treasury

13%

18,655,000

Marketing

5%

7,175,000

Seed Investors

5%

7,175,000

Contributor

5%

7,175,000

CEX Liquidity

5%

7,175,000

Ecosystem Fund

5%

7,175,000

Burn

1.40%

2,009,000


Total Supply: 143,500,000 USH


Official Website |  Contract Address |Twitter|Discord |Whitepaper 





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The MEXC Team

13 August 2023