> ## Documentation Index
> Fetch the complete documentation index at: https://docs.magna.so/llms.txt
> Use this file to discover all available pages before exploring further.

# Vesting

> Magna Vesting distributes tokens through the Magna app — most commonly for investor and employee distributions — on custom vesting and unlock schedules.

<Note>
  **Availability:** Paid product. Vesting powers token management and distribution
  in the Magna app — uploading and tracking allocations, vesting/unlock
  schedules, and on-chain distribution to stakeholders.
</Note>

## Product Overview

### What Is Token Vesting?

* Token Vesting can either refer to an increase in legal ownership of tokens over time, or the process of distributing tokens to a stakeholder over time.
* Magna automates token distribution based on custom schedules. Some refer to this as "streaming" when the schedule is continuous instead of periodic.

### Why don't companies do it in-house?

1. **Security:** Potential for bugs or hacks with custom or forked smart contracts.
2. **Stakeholder Experience:** Stakeholders benefit from having an easy to use and understandable UI that helps them understand their allocation, unlock schedule, when they'll receive tokens next, and how to claim them.
3. **Ease of Deployment:** White-glove onboarding, one-click on-chain deployment, and easy onboarding/off boarding of team members.
4. **Management Overhead:** Built for cross-functional teams that include legal, finance, and HR admin users.

## What Sets Magna Apart?

Our team thinks long-term and is constantly adding new features to meet your needs and streamline your workflows.

### Unique Product Feature Set

Features that are uniquely Magna:

* Support for Solana, Ethereum, and Aptos, and EVM Chains
* **Partial Deposits & Funding** - Set Up Distributions and Fund As You Go
* Multi-Factor Authentication
* Track Vesting (legal/tax) and Unlocks Separately
* Rippling Integration for Tax Withholding Calculations
* SAFT/Document Tracking
* On-chain vesting contracts with support for partial deposits.
* US and International employee tax withholding support.
* Ability to transfer to recipients directly without locking up tokens.
* Manage RTUs, RTAs, RTAs with 83(b), and more.
* Gas-efficient airdrop infrastructure for bulk distributions.
* A Magna API to integrate existing front-ends.

### Non-Custodial Distributions

Easily customize automated distributions to investors and shareholders (e.g., direct transfer, smart-contract-based lockups, vesting, and claiming) all from your own wallet.

### Advanced Token Distribution Features

* Built for multiple users: GC, CFO, HR. Have one person set up the details and another one deposit the tokens.
* Unlike competitors, who have a global contract. **Magna has one vesting contract per customer**, which provides additional security.
* Multisig Support
* Distribution Flexibility
  * Deposit tokens up front or over time.
  * Cancel streams if an employee is terminated or a wallet is hacked.
  * Fully lock streams to give the most paranoid investors peace of mind.
* SOC2 Certifications
* Support Minting (for Testnet tokens)

### Integrated Stakeholder Management Tools

Manage token allocations, track shareholder information and legal documents, and view distribution statuses, all in one place.

### Built for Organizations

Define roles and permissions for your organization - allowing HR, Legal, and Finance to coordinate distributions easily.

## Create New Distribution

<img src="https://mintcdn.com/magna-bc9e7a48/0uQQmiA92r7n9hbT/images/token-management/new-distribution.png?fit=max&auto=format&n=0uQQmiA92r7n9hbT&q=85&s=c5c34717d2ed523275b847c267f4cd8c" alt="New Distribution" width="2104" height="1262" data-path="images/token-management/new-distribution.png" />

## Create Transparency For Stakeholders

<img src="https://mintcdn.com/magna-bc9e7a48/0uQQmiA92r7n9hbT/images/token-management/stakeholder-transparency.png?fit=max&auto=format&n=0uQQmiA92r7n9hbT&q=85&s=8b98d5d0c8e95455b22cdedac0f2a094" alt="Stakeholder Transparency" width="1990" height="1094" data-path="images/token-management/stakeholder-transparency.png" />

## Recipient Portal

<img src="https://mintcdn.com/magna-bc9e7a48/0uQQmiA92r7n9hbT/images/token-management/recipient-portal.png?fit=max&auto=format&n=0uQQmiA92r7n9hbT&q=85&s=26d1014892aff4c33827261f769aadc4" alt="Recipient Portal" width="2042" height="1268" data-path="images/token-management/recipient-portal.png" />
