Data: MAG7.ssi The index token has a daily increase of more than 5.7%, and its annual return rate is 6.39% higher than Bitcoin

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According to the latest market data from ChainCatcher, while Bitcoin remains stable, the spot index token MAG7.ssi launched by SoSoValue Indexes has broken through $0.94, with a single-day increase of 5.73%. Combined with additional SOSO airdrop incentives for staking MAG7.ssi, stakers' comprehensive annual returns exceed 70%.

MAG7.ssi is a passive index token issued by SoSoValue Indexes on the Base chain, synthesized from spot assets of the top seven cryptocurrencies by market capitalization, including Bitcoin, Ethereum, Solana, and others. Built on native chain and institutional-level asset custody, MAG7.ssi provides investors with a diversified asset allocation strategy through monthly automatic rebalancing, effectively spreading investment risks and closely tracking the Crypto market to capture excess returns.

Current on-chain data shows that the SoSoValue Indexes protocol's total locked value (TVL) has reached $200 million, with over 400,000 index token holders on-chain.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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