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Learn how pools, cards, trading, and claims work.

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Fees

The current preview settles in testnet USDG (6 decimals). Network gas is paid separately in testnet ETH. Review the exact amounts in the app and wallet.

ActionCurrent default
Create a community pool$5 USDG; factory owner exempt
Create an Instant SherdNo creation fee
Fund a community pool$0.50 USDG entry fee per deposit
Fund an Instant SherdNo entry fee
Protocol fee at stock purchase1% of deposited principal
Buy a listed Sherd2.5% of sale price, deducted from seller proceeds
Refund a cancelled poolPrincipal returned; previously paid fees retained
Claim a revealed cardNetwork gas only

Live pool parameters take priority when a pool uses different configured values.

Community creator share

On fee sweep, a pool creator receives 30% of that pool’s creation, entry and protocol fees. The remaining 70% goes through TreasuryDirect to the protocol fee wallet. The creator split also applies to retained fees after cancellation. Deposited principal is protected during the cancelled-fee sweep.

Marketplace royalties go to the protocol fee wallet; they do not use the pool’s creator split.

Unsupported payments and perks

ETH, WETH and $SHERD settlement are not enabled in this testnet deployment. Holding $SHERD does not currently waive the creation fee. Holder benefits require a future protocol release.

No early exit

There is no early-exit function in the current v2 pools. Refunds become available only after cancellation. Fees already paid are not principal and are not refunded.