Terms

Draft, October 2026. To be reviewed before launch.

What MAGNET is

MAGNET is a web page that reads public Solana data and builds transactions in your browser. It never holds your keys or your funds. Your wallet signs every transaction, and you can review each one before you do.

What it does with your accounts

It only ever builds three kinds of token instructions: WithdrawExcessLamports, CloseAccount and BurnChecked, all sending SOL to the wallet that owns the accounts. Burning is irreversible and only happens to tokens you select. If a service fee applies, it is shown before you sign as one separate SOL transfer.

No warranty

Estimates come from public price and RPC data that can be late or wrong, and the rent schedule is set by Solana's validators, not by MAGNET. Steps that are "expected" may ship later or not at all. The software is provided as is, without warranty of any kind. You are responsible for what you sign.

$MAGNET

$MAGNET is a memecoin with no promise of value, return or utility beyond the fee waiver described on the site. Nothing here is financial advice.