Before You Begin
Check your vault for:- Unstaked balance: Tokens available for staking
- Max Stakeable: Maximum amount you can stake
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
- Input the amount of tokens you wish to stake
- Maximum stakeable amount is shown based on your unlocked balance
- 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
- Transaction proposal is sent to your multisig wallet
- Required signers must approve (based on your threshold)
- Example: 3 out of 5 wallets must sign
Step 5: Transaction Execution
Once signatures are collected:- The transaction executes automatically
- Tokens move from “Unstaked” to your staking position
- You begin earning rewards based on the staking contract terms
Important Considerations
| 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 |