Magni Finance is a leverage staking protocol for Bitcoin and other liquid staking assets. Users deposit BTC or an LST as collateral, mint a collateral-backed synthetic such as mBTC, swap borrowed mBTC into BTC, and restake to increase staking exposure within protocol LTV limits. It charges a 1% minting fee on newly minted mBTC, 2% APR interest on outstanding mBTC debt, and a 7.5% liquidation fee on seized collateral. Liquidations are based on oracle-priced collateralization thresholds.