Exchange spring magnet
The magnetostatic energy is the energy stored in the field generated by a material's magnetic moments. The magnet's field reaches its maximum intensity if all the magnetic moments orient in one direction; this is what occurs in a hard magnet. In order to prevent building up the magnetic field, sometimes magnetic moments tend to form loops. That way, the energy stored in the magnetic field can be constrained; this is what occurs in a soft magnet. What determines whether a magnet is hard or soft is the dominant term of its magnetic energy. For hard magnets, the anisotropy constant is relatively large, making the magnetic moments align with easy axis. The opposite case applies to soft magnets, in which the magnetostatic energy is dominant.
Stellar magnetic field
A star with a magnetic field will generate a magnetosphere that extends outward into the surrounding space. Field lines from this field originate at one magnetic pole on the star then end at the other pole, forming a closed loop. The magnetosphere contains charged particles that are trapped from the stellar wind, which then move along these field lines. As the star rotates, the magnetosphere rotates with it, dragging along the charged particles.