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    unshETH

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    TL;DR

    unshETH is a protocol that aims to further validator decentralization by creating a marketplace for staked ETH liquidity in which LSD protocols can compete for ETH by offering the best yield.

    Dossier

    ## Overview unshETH is a protocol built on Ethereum that creates a competitive marketplace for staked ETH liquidity. Rather than relying on a single liquid staking derivative (LSD) or restaking protocol, unshETH establishes a framework where multiple LSD protocols can compete directly for ETH deposits by offering differentiated yields and terms. The protocol's core objective is validator decentralization—ensuring that Ethereum's security does not concentrate around a small number of staking providers, but instead remains distributed across competing operators who must earn deposits through sup