# Unlocking mSHERP

After the time-lock elapses a user can claim their principal `mSHERP`. This will convert it back into `SHERP` at the exact same conversion ratio they originally minted `mSHERP` at.

*E.g.,* If a user a converted 3.5M `SHERP` to 4.94M `mSHERP` at 1:1.41 ratio for locking the full two years, they will receive their original 3.5M `SHERP` principal back.

### Rewards Unlocking <a href="#rewards-unlocking" id="rewards-unlocking"></a>

The `mSHERP` rewards that have been accrued as a result of staking and/or other incentivized protocol activities have separate time-lock requirements than stated above. Specific info about unlocking `mSHERP` rewards can be found in [Vested Rewards](https://docs.sherpa.trade/docs/vested-rewards).

### Impact on Benefits <a href="#impact-on-benefits" id="impact-on-benefits"></a>

All staking dependent VIP tiers (non NFT) will be forfeited once `mSHERP` is claimed, and any further ownership rights on published strategies will be permanently transferred over to the protocol.