As the project is completely community-driven, Magnety redistributes 100% of the platform fees to token holders.

Platform fees

20% of the fees perceived by the vault manager will be split as follow :

• 80% distributed to the $MGTY staking Vault
• 20% distributed to the DAO treasury

Staking Vault

We didn’t want to create a basic staking contract where all the assets would not be “working” in DeFi. Thus, we will create a Vault through our solution with the $MGTY as a denomination asset. By staking our native token in this Vault, you’ll receive :

• All kinds of assets from platform fees
• $MGTY from liquidity mining
• Some additional returns thanks to the Vault manager investment strategy.
• Shares of the Vault that can be used in the governance contract

The staking Vault will be created by the governance contract. In a way that facilitated the management of the fund, a manager will be elected by the Governance.