MAG7.ssi (MAG7.ssi) is currently priced at $0.58 USD. The price has increased 3.29% in the last 24 hours. It has a market capitalization of $96,976,681.254. Fully diluted valuation: $96,976,681.254. Circulating supply is 167,644,882.164 MAG7.ssi. Total supply is 167,644,882.164 MAG7.ssi.
$0.58
- 1D
- +3.3%
- 1M
- +13.6%
- 3M
- +36.9%
- 1Y
- −45.5%
Market Cap$97M
Fully Diluted$97M
Holders250.2K
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.