# Yields

## Types

Two types of yield are captured via holding `shUSD`.

### **Consistent Yields (Awarded Every Cycle)**

* **`USDC` Yield (Primary)**\
  `USDC` returns are guaranteed for all depositors at a variable rate (typically between 10% and 20% APY) depending on the actual returns produced by the underlying strategy.  This yield gets directly compounded into the `shUSD` token price itself.  The advertised APY displayed is an estimated average of whatever the vault has been earning for the past 7 days.
* **Points Yield (Additional)**\
  Payed out in [*Sherpa Points*](https://docs.sherpa.trade/sherpaearn-vault/launchpool-points-campaign) for the duration of the SherpaEarn launchpool campaign*.*  Points can be tracked on the user's points dashboard, and will be redeemed for `SHERP` at the conclusion of the campaign.  The points reward rate is also variable, and is determined by the amount of `USDC` deposited into the vault and the stage of the campaign.  Early rewards will be around 100% APY and decay overtime to less than 2% APY.

### **Intermittent Yields (Awareded Asyncronously)**

* **Exclusive Incentives (Partnership Based)**\
  Specifically allocated to depositors who use shUSD within specific DeFi apps and lending markets on specific networks.  In time, partnership campaigns will be announced.  The rewards are claimed by users using a thirdparty app such as Merkl.