# Introduction

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**Attract Yield. Repel Risk.**
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### Overview

Magnet Finance is a deflationary DeFi protocol built on Solana, designed to attract yield and repel risk.

It combines a tri-token architecture, liquid staking infrastructure, and treasury-backed rewards into one cohesive ecosystem.

### The Problem

DeFi is broken for everyday users.

Inflation destroys token value.

High APY promises collapse when growth slows.

Complexity stops most people before they even start.

### Core Principles

#### Real yield from real revenue

Magnet Finance is built around revenue-backed rewards from swap fees, staking spreads, validator income, and partner revenue.

Not token printing.

#### Deflationary by design

Burn mechanics are built into every token interaction across `MGNT`, `pMGNT`, and `nMGNT`.

#### Solana speed

Magnet Finance runs on Solana for sub-second finality, sub-cent fees, and access to deep DeFi liquidity on the fastest L1 in production.

#### Community first

Fifty percent of `MGNT` supply is locked for 15 years.

No rug. No dump. No exit.

### What You Can Do

* Swap tokens across Solana, SUI, and EVM through **Magnetic Swap**
* Stake `MGNT` in **Season 2** and choose between `pMGNT` or `nMGNT` rewards
* Stake `SOL` into `mgntSOL` and earn **5.77% APY** from Solana validators
* Earn points on the **Season 1 Genesis** leaderboard
* Participate in the **MGNT Final Presale**