Primary features
ShMonad is a liquid staking tool built for the Monad blockchain: it lets users stake their native MON tokens while keeping liquidity, via a tokenized staking representation.
- Liquid Staking Token (LST) — Stake MON and receive shMON, representing stake + rewards.
- Policy-based Bonding — Bonding and unbonding occurs within configurable policies for refined staking control.
- Automatic Top-Up — Auto-rebonding from unbonded funds to maintain minimum bonded balances.
- ERC-4626 Vault Interface — Uses a standard vault spec for composability across DeFi.
In short, ShMonad allows users to earn staking (and additional) yield on MON, while still keeping flexibility and liquidity via shMON.
ERC-4626 vault
Users deposit MON; the contract mints shMON.
Liquid staking token
shMON represents staked MON + accrued rewards.
Policy-based bonding
Bonding/unbonding is managed via policies that define escrow, top-up rules and controls.
Automatic top-up
Unbonded funds can rebond to maintain the required balance.
User benefits
Using ShMonad helps both casual users and advanced participants on Monad earn yield, stay flexible, and integrate staking with other DeFi services — without locking up their capital.
- Stake MON to earn yield while holding liquid shMON, usable elsewhere or tradable.
- Control bonding behavior precisely via policies, including auto-rebonding, staggered unbonding, or dynamic top-ups.
- Participate in yield aggregated from multiple sources (staking, MEV, infra), not just base staking rewards.
- Maintain liquidity and composability — shMON can be used elsewhere in DeFi rather than idly staked.
Overall, ShMonad exists to combine the security and yield benefits of staking with the flexibility and composability of liquid tokens — making staking on Monad both efficient and user-friendly.
