shMonad shMON

shMON exits have two protocol paths: atomic unstaking burns shMON for immediate MON when pool liquidity exists and charges a utilization-based fee, while traditional unstaking burns shMON, queues the exit, waits several epochs, then requires a completion transaction.

1. Use atomic unstaking when pool liquidity and the utilization fee are acceptable.
2. Use traditional unstaking to request a no-fee queued exit.
3. Wait through the shMonad unstaking period for traditional exits.
4. Complete the matured unstake to receive MON.

Main risks are MON price exposure, shMON liquidity or depeg, atomic pool capacity and fee changes, validator and epoch timing, MEV and non-staking revenue variability, governance or parameter changes, and smart contract risk.

Allocrypt supports opt-in shMON deposits through native-MON ERC4626 execution and immediate liquidity-limited ERC4626 withdrawals while excluding shMON from automated allocation defaults.

The user's Safe holds shMON directly after deposit.

Only the user controls the signing keys for the Safe.

PortfolioRouter takes a 0.49% fee in vault shares after the external vault deposit and sends it to the treasury when deposits are enabled.

Reviewed 2026-06-04 - Confidence: medium - Reviewed Jun 2026

• Allocrypt reviewed research
• shMON Monad mainnet read-only contract checks
• shMonad documentation