Magna Wallets

Magna Wallets is a comprehensive token allocation and staking management system that allows stakeholders to manage their locked and staked tokens through a multisig vault.

What You Can Do

Action
Description

View Allocation

See your token allocation, staking status, and rewards

Claim Rewards

Claim accumulated staking rewards

Stake Tokens

Lock tokens in a staking contract to earn rewards

Unstake Tokens

Release tokens from staking (required before withdrawal)

Withdraw Tokens

Transfer unlocked tokens to your wallet

Key Concepts

Vault Dashboard

When you access your Magna Wallet, you'll see:

  • Status: Active/Inactive indicator

  • Allocation: Number of linked allocations

  • Multisig Address: Your multisig wallet address

  • Multisig Threshold: Required signatures (e.g., "3/5")

  • Signing Wallets: Number of wallets that can sign

Allocation Statistics

Your dashboard displays these key metrics:

Metric
Description

Total Allocation

Complete token allocation amount

Funded

Amount funded to the vault

Locked

Currently locked tokens

Locked Value

USD value of locked tokens

Unlocked

Tokens available for withdrawal

Token Breakdown

The token table shows:

  • Principal Allocation: Percentage of total allocation

  • Principal Staked: Amount currently staked

  • Current Balance: Your current token balance

  • Claimable Rewards: Rewards available to claim

  • Claimable Value: USD value of claimable rewards

Transaction Approval Flow

All actions in Magna Wallets require multisig approval:

Action
Who Creates Transaction
Magna's Role

Claim Rewards

Magna

Creates & signs

Stake Tokens

Magna

Creates & signs

Unstake Tokens

Magna

Creates & signs

Withdraw Tokens

You

Signs at unlock time

Glossary

Term
Definition

Allocation

Total tokens assigned to your vault

Staked

Tokens locked in staking contract earning rewards

Unstaked

Tokens not in staking contract (may still be locked)

Locked

Tokens not yet unlocked per vesting schedule

Unlocked

Tokens that can be withdrawn

Claimable Rewards

Accumulated staking rewards available to claim

Multisig

Wallet requiring multiple approvals for transactions

Threshold

Number of required signatures (e.g., 3/5)

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