The Sherpa protocol distributes SHERP rewards within variable ranges laid out below for each respective activity within the protocol. The criteria laid out in Dynamic Emissions determines the rate of distribution within these ranges for each epoch:
Staking SHERP via mSHERP
5 - 100% APY on total mSHERP amount
Reward proportion based on stake size vs total pool
50% of protocol incentives (1.5B SHERP)
18-month distribution period
SHERP removed from LP and given to users upon claim
Active Position Holding
.2 - 2% APY on entire active Position (USDC value)
15% of total protocol incentives (450M SHERP)
Liquidity Provision
SHERP/WMONAD or SHERP/USDC pairs
5 - 200% APY
Decays over time and based on pool size
Strategy Usage
0% to 10% APY
Varies based on yield channeling voting and dynamic emissions
