Staking Tokens

Staking locks your tokens in a staking contract to earn rewards. You can stake available unlocked tokens from your vault.

Before You Begin

Check your vault for:

  • Unstaked balance: Tokens available for staking

  • Max Stakeable: Maximum amount you can stake

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Only unstaked, unlocked tokens can be staked.

Step-by-Step Process

Step 1: Select Stake Tokens

From the vault actions menu, select "Stake Tokens".

Step 2: Enter Stake Amount

  1. Input the amount of tokens you wish to stake

  2. Maximum stakeable amount is shown based on your unlocked balance

  3. Click "Stake" to submit your request

Step 3: Magna Creates Transaction

Magna generates a staking transaction that includes:

  • Stake amount

  • Target staking contract

  • Gas estimates

Step 4: Multisig Approval

  1. Transaction proposal is sent to your multisig wallet

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

  3. Example: 3 out of 5 wallets must sign

Step 5: Transaction Execution

Once signatures are collected:

  1. The transaction executes automatically

  2. Tokens move from "Unstaked" to your staking position

  3. You begin earning rewards based on the staking contract terms

Important Considerations

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Consideration
Details

Eligibility

Only unstaked, unlocked tokens can be staked

Lock period

Tokens locked according to staking contract terms

Rewards

Begin accumulating after successful staking

Withdrawal

Must unstake before withdrawing

Approval

Each staking action requires multisig approval

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