Fees

Strategy Performance

A 5% fee is taken from all yield captured from the shUSD vault strategy. The proceeds will be used to bootstrap the DEX LP for the SHERP token at TGE. This performance fee is already deducted from the displayed value for the primary USDC yield on the main SherpaEarn page. Only earned yield is subject to the fee, no fees are applied to principal USDC deposits.

Bridging

0% fee, aside from the gas costs required to confirm the bridge request and process via Chainlink's DON. The amount of shUSD bridged from the source network will always equal the amount of shUSD received on the destination network.