> For the complete documentation index, see [llms.txt](https://docs.sherpa.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sherpa.trade/sherpaearn-vault/quick-start-guide/f.a.q..md).

# 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.