Unveiling Sharpe Labs’ Community Rewards Program

Sharpe Labs
3 min readApr 3, 2023

TL;DR: Sharpe Labs is launching its Community Rewards Program to encourage early adopters to provide liquidity for Sharpe Magnum, a leveraged staking layer built on top of Lido, Morpho, and Aave. Participants will receive higher returns on deposits in Sharpe Magnum products and access to advanced features.

Sharpe Labs Community Rewards Program: A Deeper Look

Attracting and Rewarding Early Adopters

The main goal of the Sharpe Labs Community Rewards Program (SLCR) is to provide initial liquidity providers with preferential access to Sharpe Magnum. By offering significantly higher returns on deposits in Sharpe’s Magnum products, such as MagETH, the program aims to incentivize early users to invest in Sharpe Magnum. Participants in the SLCR program will not only benefit from increased returns but will also gain access to Sharpe’s advanced portfolio and risk dashboards, as well as newer features as they become available.

Flexible Token Emissions and Reward Systems

Sharpe Labs understands the importance of adaptability in the ever-changing DeFi landscape. That’s why they’ve implemented a flexible system called Ages, which consists of three-month periods with unique token emissions and rules based on the protocol’s needs at the time.

Within each Age, there are smaller segments called Epochs. These mini-versions of Ages allow users to claim their rewards through a Merkle tree drop, ensuring that Sharpe Labs remains agile and responsive to shifts in the market.

Age 1, Epoch 1: The Initial Distribution

The first age of token distribution serves three main purposes:

  1. Bootstrapping initial activity and liquidity for the protocol.
  2. Generating interest in the Sharpe Protocol and Sharpe Magnum and helping users understand the value they bring.
  3. Decentralizing the Sharpe protocol.

This initial distribution, which began retroactively on April 10th, 2023, and will end on July 10th, 2023, will see the release of 1,000,000 tokens. Age 1 is divided into three epochs, each lasting approximately 30 days.

Expanding the Role of $SHARPE Tokens

The $SHARPE token serves several important functions within the Sharpe ecosystem:

  • Community Incentive: Rewarding users for participating in the Sharpe ecosystem through fee sharing, revenue sharing, referral bonuses, and incentives for dApps built on top of the Sharpe Protocol.
  • Governance: Allowing token holders to vote on crucial decisions related to the development and management of the Sharpe Protocol, such as product design, new product launches, and advanced product additions.
  • Value Capture: Enabling token holders to accrue fees generated from the Sharpe Protocol and serving as a vital component of the guild program that allows users to build on top of the protocol.

And there you have it, folks! Sharpe Labs’ Community Rewards Program is like that perfect blend of old-school charm and cutting-edge innovation, taking you on a wild ride through the DeFi universe. So strap on your moon boots, my dudes, ’cause we’re heading to a future where staking rewards are more abundant, and the DeFi landscape is more innovative than ever.



Sharpe Labs

Sharpe Labs is a DeFi R&D lab that creates open-source innovative investment solutions using our Institutional-Grade Asset Management tooling and infrastructure