Reserve Magnificent 7 DTF
Reserve Magnificent 7 DTF（MAG7) is deployed on the Base network ERC-20 index token. It provides equal-weight exposure to the seven largest publicly listed companies, commonly known as the “Magnificent 7”. The basket includes Alphabet (GOOGL）、Amazon（AMZN）、Apple（AAPL）、Meta Platforms（META）、Microsoft（MSFT）、Nvidia（NVDA) and Tesla (TSLA), and is rebalanced every 2 months.MAG7 It groups together tokenized stocks on Base, with each stock backed by actual shares held in a regulated US brokerage account. Issuance and redemption are permissionless and atomic: holders can interact directly with the Folio contract using on-chain NAV, minting or redeeming MAG7, exchanging each share for a basket composed proportionally of its underlying tokens. No authorized participants, custodians,API keys, or off-chain settlement are required. The DTF charges an annualized 0.6%TVL fee and a 0.3% minting fee. It is governed by RSR token holders, who propose and vote on changes to the basket by locking their tokens.
Overview
Reserve Magnificent 7 DTF（MAG7) is deployed on the Base network ERC-20 index token. It provides equal-weight exposure to the seven largest publicly listed companies, commonly known as the “Magnificent 7”. The basket includes Alphabet (GOOGL）、Amazon（AMZN）、Apple（AAPL）、Meta Platforms（META）、Microsoft（MSFT）、Nvidia（NVDA) and Tesla (TSLA), and is rebalanced every 2 months.MAG7 It groups together tokenized stocks on Base, with each stock backed by actual shares held in a regulated US brokerage account. Issuance and redemption are permissionless and atomic: holders can interact directly with the Folio contract using on-chain NAV, minting or redeeming MAG7, exchanging each share for a basket composed proportionally of its underlying tokens. No authorized participants, custodians,API keys, or off-chain settlement are required. The DTF charges an annualized 0.6%TVL fee and a 0.3% minting fee. It is governed by RSR token holders, who propose and vote on changes to the basket by locking their tokens.
- Sector
- # RWA