Framework for Onboarding New LSDs

The unshETH protocol is composed of several liquid staked derivatives (LSDs) wrapped into a single Omnichain ERC20 token. Each LSD asset has a target weight and maximum weight. When an LSD joins, they get guaranteed total value locked (TVL) up to the target weight and concentrated liquidity up to the maximum weight, benefiting from the shared liquidity of every asset in the protocol. The unshETH protocol composition is determined by the governance process.

To onboard a new LSD, there will be an initial liquidity and governance bootstrapping period where co-marketing and co-incentives are run, similar to any decentralized exchange (DEX), to include the asset at a small

This approach ensures that users with higher vdUSH balances benefit from increased rewards and promotes long-term commitment to the governance process while incentivizing users to lock their tokens for longer durations. Over the next 3 months, unshETH will be onboarding several new LSD protocols - this involves technical due diligence, technical integration, and governance votes. As new partner protocols join and are approved by the community, their governance tokens will be added to the rewards pool for the “governance mining” farm, further enriching the ecosystem and creating synergies between the participating projects.