Claiming Staking Rewards

When your staked tokens generate rewards, they appear in the "Claimable Rewards" column of your token breakdown table. This guide explains how to claim those rewards.

Before You Begin

Check your vault dashboard for:

• Claimable Rewards: Amount available to claim (e.g., 0.0879 iBERA)

• Claimable Value: USD value of rewards (e.g., $2.55)

Step-by-Step Process

Step 1: Initiate Claim

Click the "Claim →" button next to the token with available rewards.

Step 2: Magna Creates Transaction

After you click Claim:

1. Your request is sent to Magna

2. Magna creates a transaction proposal for claiming rewards

3. The transaction is prepared based on your staking contract

Step 3: Multisig Approval

The transaction is sent to your multisig wallet:

1. All signers receive a notification

2. Required signers must approve (based on your threshold)

3. Example: If threshold is 3/5, three signers must approve

Step 4: Transaction Execution

Once signatures are collected:

1. The transaction executes automatically

2. Claimed rewards are added to your current balance

3. Your "Claimable Rewards" resets to 0

Important Notes

Rewards stay staked: Claiming rewards does not affect your principal staked amount. Rewards remain staked unless you choose to unstake them separately.

Gas fees: Transactions require gas fees paid by the multisig wallet. Ensure your multisig has sufficient funds.