MAG7.ssi (MAG7.ssi) is currently priced at $0.41 USD. The price has decreased 0.03% in the last 24 hours. It has a market capitalization of $68,890,733.557. Fully diluted valuation: $68,890,733.557. Circulating supply is 169,466,886.52 MAG7.ssi. Total supply is 169,466,886.52 MAG7.ssi.
$0.41
Stats
1 Day
−0.03%
1 Month
−0.25%
3 Months
−0.19%
1 Year
−0.48%
1 Day
1 Month
3 Months
1 Year
−0.03%
−0.25%
−0.19%
−0.48%
Market Cap
$68.9M
Fully Diluted
$68.9M
Market Cap
Fully Diluted
$68.9M
$68.9M
About MAG7.ssi
The SoSoValue Index Protocol is a cutting-edge spot index solution designed to make crypto investments simple and secured. SSI Protocol leverages on-chain smart contracts to repackage multi-chain, multi-asset portfolios into Wrapped Tokens (SSI). These tokens represent a basket of underlying assets, enabling Wrapped Tokens to track the value fluctuations of the spots basket, effectively achieving the effects of passive index investing. MAG7.ssi carefully selected top 7 projects by market cap, with strong social consensus and ample liquidity. This product offers enhanced systematic beta returns from the crypto industry while providing high risk resistance. The initial 10% equal weighting allocation provides sufficient weight to second-tier leaders outside of Bitcoin and Ethereum. Assuming the emergence of more $100 billion market cap tokens over the next 4 years, this structure helps investors secure foundational returns from the crypto industry while also offering the opportunity to capture excess returns from the rise of new industry leaders. Monthly rebalance with a buffer setting ensures timely inclusion of emerging leaders while minimizing the transaction friction caused by frequent rebalancing.
