MAG7.SSI

MAG7.ssi

BaseDeFi

Price
$0.5026
24h
−0.1%
7d
−4.3%
Market cap
$84.1M
24h volume
$129.0K

base 0x9e6a46f294bb67c20f1d1e7afb0bbef614403b55

Report

MAG7.ssi (MAG7.SSI) is a DeFi token on Base. 167.4M are in circulation, with no maximum. It ranks 299th by market capitalisation among the coins tracked here. The project publishes its website, explorer, X and telegram.

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 fr…

MAG7.ssi's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
167.4M
Total supply
167.4M
Max supply
No cap

Supply as of 23h ago