shoMESH

What is shoMESH?

shoMESH is a Liquid Staking Derivative (LSD) token representing MESH tokens staked with Shogun Protocol.

What's the usage of shoMESH?

Users may mint shoMESH with Shogun Converter, or swap to shoMESH in the market. shoMESH cannot be unstaked into shoMESH, but it can be exchanged to MESH in the market.

shoMESH has three main use cases:

1. shoMESH staking

Users may stake shoMESH to yield both shoMESH and SHO rewards.

2. shoMESH Farming

Users may stake shoMESH in the shoMESH farm to earn SHO incentive tokens.

3. shoMESH/MESH Liquidity provision

Users may provide liquidity to shoMESH-MESH liquidity pool - with minimal impermanent loss risk and strong yields - which will be utilized by the protocol to provide liquidity to shoMESH holders.