Markets / MAG7.ssi
MAG7.ssi MAG7.SSI #290
$0.5249
▲2.46% 24h · median of 2 sources, which agree within 0.32%
MAG7.SSI price by source
| Data provider | Price | vs. median |
|---|---|---|
| C CoinGecko | $0.5241 | −0.16% |
| C CoinPaprika | $0.5258 | +0.16% |
Where to buy MAG7.ssi
None of the exchanges we track list MAG7.SSI against USD, USDT or USDC with meaningful volume right now.
Last traded price on each exchange's busiest USD, USDT or USDC market, converted to dollars. Fees and spreads are not included.
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.
Description courtesy of CoinGecko.