Allocation Overview

First understand the basics of what an allocation is and how to customize them within the Magna platform.

• Allocation settings are fully customizable, allowing project admins to set:

  • Token amount for the stakeholder

  • Distribution type (Airdrop, Claim, or mix of both)

  • Percentage of tokens unlocking at vesting start

  • Duration of and percentage of tokens unlocking at the first cliff

  • Vesting frequency (e.g., daily, monthly, yearly) and duration

• Allocations can be added individually or in bulk: Allocations in Magna can be uploaded individually or in bulk, using a CSV import template. Our team also provides white-glove onboarding service to work with you to make sure all your data is accurately imported into Magna.

• Distributions can be set up as an Airdrop or Claim: Airdrop distributions are managed such that a project admin logs into Magna periodically (e.g. once a month) to transfer tokens directly from the company’s wallet to the recipients. For Claim distributions, tokens are deposited into an escrow vesting contract from which recipients can claim tokens automatically based on the vesting or unlock schedule logic within the contract.

Please ensure you have thoroughly read through our explainer on The Difference Between Airdrop vs. Claim to ensure you are selecting the correct distribution type for your allocations.