Publishing Strategies

Guide to publishing and maintaining Strategies in Sherpa

Publishing Strategies

Eligibility:

Any user may publish a Strategy to the database simply by being a mSHERP holder who meets the requirements. Once eligible, users may publish while making a trade or designing a hedge.

Strategy Publication Benefits

Publication makes the strategy public-facing, and designates the creator as the entity which receives revenue share from Sherpa when the publicized Strategy is adopted. Strategy owners receive 15 - 35% of the Position creation fee collected by the protocol when other users adopt that strategy.

Visibility and Risk Ratings

After publication, Strategies appear on the Sherpa UI enabling easy access/adoption when opening a Position. The visibility of each Strategy is based on:

  • Usage
  • Popularity
  • Votes cast by mSHERP voters

Strategy risk ratings are also established by mSHERP voters. These risk ratings can be used as a criteria by which to sort options when making decisions about going risk-on.

Important:

If a user no longer holds the required mSHERP, their user-owned Strategy(s) will be forfeited and become protocol-owned.

Publication Requirements

When publishing a Strategy, a user specifies:

  • Asset(s) and proportion(s)
  • Adaptive or non-adaptive status
  • Delegation to Sherpa partner yield bearing opportunities

If the Strategy is Adaptive, the user must further specify Strategy logic using conditioning parameters.