F.A.Q.

Depositing & Withdrawing

Q: What is the minimum deposit? A: 1 USDC

Q: What is the maximum deposit? A: Whatever the spare capacity is on the vault for a given network. We dont set per user caps, so the max is entirely dependent upon what space the vaults have available.

Q: When can I withdraw? A: Anytime. Standard withdrawals take 1 cycle ( less than 24 hours).

Q: Why do I have to wait a cycle? A: This allows the vault to settle positions and ensures fair pricing for all users.

Q: I just deposited, why did'nt I get shares (shUSD) immediately? A: Shares are minted when the current cycle ends and the new cycle begins (approximately every 24 hours).

General

Q: Which chain should I use? A: For smaller deposits, Base or Monad are recommended for lower fees. For large depositors Ethereum provides larger capacity.

Q: Can I deposit on one chain and withdraw on another A: Yes! Bridge your shUSD to any integrated chain, then withdraw to USDC on that chain.

Q: Does bridging cost anything? A: A Small network fee and CCIP messaging fee applies. Aside from that no, your shUSD will be transferred across chains at a 1:1 ratio.

Q: Are prices the same across all chains? A: Yes. All chains maintain the same global price per shUSD, synchronized each and every cycle.

Q: Are there any fees? A: Management fees and performance fees apply.

Q: What happens if the website goes down? A: You can still interact directly with smart contracts via Etherscan. Your funds always remain safe on-chain.

Q: What is sherpaUSD? A: An non user-facing accounting token that tracks the USDC deposited into the vault at a 1:1 ratio.

Yield & Points

Q: How often are yields distributed? A: Yields are automatically compounded each cycle (approximately every 24 hours). No manual claiming needed.

Q: How often are points distributed? A: Routine points distributions are made each cycle (approximately every 24 hours). Bonus points are issues once individualmilestones are met.

Q: When can I redeem Sherpa points? A: At token launch (date TBA). Points are tracked in the dashboard until then.

Q: What's the redemption ratio for points? A: 10 Sherpa points = 1 Sherpa token (10:1 ratio)

Q: Can I choose to opt out of earning points from the Launchpool? A: Yes, just dont claim your shUSD from the vault. You'll receive 100% of your yield in USDC. No points earned.

Q: Can the team access my funds? A: No. The vault is non-custodial. Only you control your shUSD tokens.

Q: Do i get different amounts of yield by depositing on different chains? A: No, all chains share the exact same yield growth rate.

Risks

Q: Is Launchpool risky? A: No additional risk to your principal. You're only allocating yield, not your deposit.

Q: Can I lose money? A: Yes. While strategies aim for consistent returns, losses are possible. Only deposit funds you can afford to lose.