CryptoCurrencies
17171
Exchanges
500
Total Market Cap
2,886,038,624,142
Volume 24h
96,465,202,301
Dominance
BTC 57.28%   ETH 8.82%   USDT 4.95%   XRP 4.42%

MAG7.ssi
MAG7.SSI

0.6983
$
4.07 %
Change 24h
Market Cap
$ 138,830,980
Volume 24h
$ 1,009,491
Circulating Supply
198,599,338
Total Supply
147,905
MAG7.SSI
$
# Exchange Pair Price Volume 24h

Description

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.