What is MAG7.ssi?

The SoSoValue Index Protocol is built on a framework that utilizes on-chain smart contracts to create Wrapped Tokens (SSI) which represent a multi-asset portfolio. This portfolio is formed from a selection of top projects based on market capitalization, designed to provide a stable investment approach through passive index tracking.

The MAG7.ssi focuses on the seven leading projects by market cap and is structured to provide systematic beta returns while maintaining risk resistance. A monthly rebalance mechanism is employed to incorporate emerging projects, ensuring timely adjustments to the portfolio while reducing transaction costs. The initial allocation gives equal weight to tokens, allowing for potential returns from both established and new market leaders within the cryptocurrency space.