November 25, 2025
Introducing the sherpaEarn Launchpool Campaign
Earn Your Share of Up To $5M in Tokens*
*Based on 10% of total SHERP supply at estimated $50M FDV at TGE. Points convert to tokens at 10:1 ratio.
Sherpa is opening its first-ever Launchpool Campaign, designed to reward early participants who help bootstrap our vault during its first utility cycles. Whether you're an avid yield trader, long-time community member, or partner protocol user, this campaign is built to reward you for getting in early.
Here's a clear overview of how points work, who qualifies for additional bonuses, and what timelines matter as we approach token generation.
Points Basics & Reward Mechanics
Sherpa Points are awarded to anyone depositing into the SherpaEarn vault during the campaign window.
Before each 24-hour vault cycle, snapshots record your shUSD balance (claimed + unclaimed) and holding duration. Points are issued at a variable rate between 100% and 5% APY. Rates will fluctuate throughout the campaign based on TVL milestones, activity, and special promotional episodes.
Key Mechanics
- Initial rate: 100% APY = 5.479 points per USDC per day (at $50M FDV)
- Conversion: Points convert to SHERP at a 10:1 ratio at campaign end
Points are calculated on the USDC value of your shUSD. As vault yield accrues and shUSD appreciates, your point earnings increase automatically—making early participation the most rewarding.
Bonus Points & Partner Boosts
Eligible users can earn additional bonus points on top of standard daily rewards.
Eligible Parties:
- Badge Holders from the Monad testnet campaign
- Discord Whitelist Members
- Top Traders on sherpa.trade
- Partner Token Holders (Kintsu, Magma, Fastlane, Curvance, 10K Squad)
- Kintsu — 10,000 sMON
- Magma — 10,000 gMON
- Fastlane — 10,000 shMON
- Curvance — 10,000 csMON, cgMON, or cshMON
- 10k Squad — 1 NFT
Timeframe Requirements
To earn bonuses, users must deposit within the first month of the campaign (before Dec 22, 2025) and satisfy at least one commitment period, as outlined in the milestone table below. Each deposit tracks its own timer, and withdrawing funds only affects future bonus eligibility; bonuses already earned are not forfeited.
Bonus Milestones
Eligible users unlock one-time bonus rewards at these holding milestones:
| Milestone | Commitment Length | Bonus Per USDC | Award Per USDC | Daily Rate | Multiplier |
|---|---|---|---|---|---|
| 1 | 30 days | 40 points | $0.02 | 1.333 pts | 1× |
| 2 | 60 days | 90 points | $0.045 | 1.5 pts | 1.125× |
| 3 | 120 days | 225 points | $0.1125 | 1.875 pts | 1.41× |
Milestone Rewards Stack
Holding 100 USDC for 120 days earns:
- +4,000 points at day 30
- +5,000 at day 60
- +13,500 at day 120
- Total: 22,500 points
Examples
Simple Hold
- Deposit 1,000 USDC on day 0
- Hold for 30 days
Result: 40,000 bonus points
Multiple Deposits
- Deposit 1,000 USDC on day 0
- Deposit 1,000 more on day 15
Result: First deposit earns 40,000 points at day 30; second earns 40,000 at day 45
Partial Withdrawal
- Deposit 1,500 USDC on day 0
- Withdraw 500 USDC on day 45
- Hold remaining 1,000 until day 60
Result: Keep milestone 1 bonus; milestone 2 bonus awarded only on remaining 1,000 USDC
Non-Consecutive Holding
- Deposit 1,000 USDC on day 0
- Hold for 20 days, then withdraw
- Re-deposit 1,000 USDC on day 40
- Hold for 10 more days
Result: 40,000 bonus points at day 50 (30 compliant days accumulated)
Start Earning Today
The Launchpool Campaign offers early users a low-risk, high-yield inside track to Sherpa's TGE. With compounding base rewards, milestone bonuses, and partner boosts, committed participants stand to gain the most.
Deposit into the SherpaEarn Vault at earn.sherpa.trade to begin earning Sherpa Points.
