According to Foresight News, 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 MAG7.ssi staking, the comprehensive annual yield for stakers exceeds 70%.
MAG7.ssi is a passive index token issued by the SoSoValue Indexes protocol on the Base chain, synthesized from spot assets of the top seven cryptocurrencies by market cap, including Bitcoin, Ethereum, Solana, and others. Built on native chain and institutional-level underlying asset custody, MAG7.ssi provides investors with a diversified asset allocation strategy, spreading investment risks and closely tracking the crypto market. Currently, on-chain data shows that the SoSoValue Indexes protocol's total locked value (TVL) has reached $200 million, with over 400,000 on-chain token holders.