MAG7.ssi (MAG7.ssi) is currently priced at $0.41 USD. The price has decreased 0.01% in the last 24 hours. It has a market capitalization of $70,224,745.57. Fully diluted valuation: $70,224,745.57. Circulating supply is 169,466,886.52 MAG7.ssi. Total supply is 169,466,886.52 MAG7.ssi.
$0.41
Stats
1 Day
−0.01%
1 Month
−0.24%
3 Months
−0.16%
1 Year
−0.47%
1 Day
1 Month
3 Months
1 Year
−0.01%
−0.24%
−0.16%
−0.47%
Market Cap
$70.2M
Fully Diluted
$70.2M
Market Cap
Fully Diluted
$70.2M
$70.2M
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.
