SHRD is the work token of the ShardKeep network. Operators stake it to earn the privilege of serving shards. Users pay a sliver of it per vault. The treasury funds audits, clients, and public goods. Everyone gets skin in the game.
The two biggest buckets — Node Rewards (42%) and the Project Bank (22%) — exist to keep the network running long after launch. Founder allocation is small and heavily vested.
Everyone gets Pawn for free — a fully working vault. Write fees are covered by point task rewards earned on the CARES platform, which you redeem for ShardKeep transaction and subscription fees. You earn rewards by doing work, not by signing up. Paid tiers unlock stronger Shamir thresholds, shard rotation, household seats, and the feature nobody else has: Backup Wallet 2FA.
Register a second Solana wallet from a different device with its own seed phrase. Both wallets co-sign the registration; either can trigger an Emergency Lockdown on the vault. No OTP servers. No authenticator app to lose. No SMS to SIM-swap. Just cryptography, all the way down. First password vault on Earth to ship wallet-based 2FA.
For any paid tier (Knight+). Priced & charged separately from base subscription.
Pricing TBD
Per-use charge · included free on Queen
Queen tier only · priced by cluster size
Example: 12-node Queen cluster (7-of-12) — pricing based on infrastructure & geographic requirements. Contact for quote.
Knight+ tiers · monthly add-on
95% of subscription revenue flows to the Project Bank. 5% funds the Insurance Pool.
Bonds are denominated in SHRD. Every operator puts real capital at risk. On graceful exit your bond returns 100%.
| Node | Bond (SHRD) | USD equivalent | Reward / epoch (14d) | Uptime threshold |
|---|---|---|---|---|
| Sentry | 10,000 | ~$10 | 100 – 2,000 SHRD | Best-effort |
| Bastion | 100,000 | ~$100 | 2,000 – 20,000 SHRD | 99% |
| Warden | 500,000 | ~$500 | 10,000 – 100,000 SHRD | 99.5% |
Epochs are 14 days, running back-to-back (26/year). Reward is computed as performance score × tier emission pool, clamped to the floor and ceiling above. Scores below 0.50 earn zero for that epoch. Emissions follow an 8% annual draw on a 600 M pool, halving every 65 epochs.
Every write (add, delete, rotate) triggers a small SHRD fee priced at 150% of the estimated on-chain cost. The markup funds the Project Bank, which in turn funds operator rewards. No hidden economics.
Pawn users pay roughly 5 SHRD/month in write fees for typical usage — comfortably covered by the CARES point task rewards an active user earns each month. Subscription tiers include higher write allowances.
Slashed tokens do not disappear — they recirculate through the Project Bank and fund the next epoch's rewards. Honest operators indirectly benefit from the dishonest ones leaving. Schema is in place today; enforcement handlers ship before MainNet bonding opens.
| Offense | Slash (Warden/Bastion) | Sentry cap | Destination |
|---|---|---|---|
| Serving corrupt shard data | 100% | 25% | Project Bank |
| Extended unannounced downtime (>72h) | 25% | 25% | Project Bank |
| Failed heartbeat proofs (>50% in 30 days) | 10% | 10% | Project Bank |
| Collusion attempt (anomaly detected) | 100% | 25% | Project Bank |
Sentry nodes have a 25% slash cap across all offense classes,
acknowledging the part-time operator model. All other punishment amounts are
hard-capped by the slashed_total accumulator per node.
Read the full tokenomics proposal, apply as an operator, or grab the extension and start using your first vault today.