Protocol
Introduction
What Sherwood is and how it pays.
Sherwood is a staking protocol on Robinhood Chain. You stake USDG, your share of the pool earns WOOD with every block, and you claim or withdraw whenever you choose. There is no lockup.
Rewards are distributed by a reward-per-token accumulator, and the forest charges no stake or withdrawal fee; you pay only the network fee in ETH.
- Rewards every block
- WOOD accrues to your share as each block lands. There is nothing to restake and no batch to wait for.
- No lockup
- Withdraw part or all of your USDG at any time, in a single transaction, with no fee charged by the contract.
- Reward per token
- Rewards are tracked with a running reward-per-token accumulator, so the cost of an action does not grow with the number of stakers.
- Robinhood Chain
- USDG lives on Robinhood Chain, and its low network fees make small claims and frequent adjustments practical.