What are the outcomes of killing and sparing the Shaelmaar?

The game gives you the option to kill the Shaelmaar.
Normally that kind of option would influence the outcome of the story somehow.
In the Shaelmaar's case, does it influence the story? Do you get any reward whether you kill him or not?

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Can the Shaelmaar kill palmerin?

Only Palmerin fight with Geralt and as I noted he can't die. - the Shaelmar will not attack Palmerin at all, so you have to turn the monster towards Palmerin, so that any lunges aimed at Geralt will do collateral damage to Palmerin. Else he just won't die.

Should you spare the Witcher?

If you're looking for the objectively best choice in terms of loot, we recommend sparing Gaetan. You'll gain 200 experience and be granted a new quest called Take What You Want. This will lead you to a stash of goods near Keira Metz' cabin, defended by some bandits.

Are legends true do Witchers usually demand?

As Shaelmaar is a Relict beast, usage of relict oil will help to deal more damage, especially after Shaelmaar's rolling charge. Dodge and attack while the creature is stunned. Prepare Samum bombs and use Aard to attract the beast to the walls.

Witcher 3 🌟 BLOOD AND WINE ► The Shalemaar's Fate - Killing and Sparing it

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Images: Vijay Putra, Ann H, George Milton, Monstera