CryptoCurrencies
19031
Exchanges
500
Total Market Cap
4,486,455,108,727
Volume 24h
397,929,377,223
Dominance
BTC 54.20%   ETH 12.03%   XRP 4.04%   USDT 3.93%

MAG7.ssi
MAG7.SSI

1.085
$
1.65 %
Change 24h
Market Cap
$ 184,170,186
Volume 24h
$ 1,376,891
Circulating Supply
168,703,238
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.