Gifted StockMAG7 · Magnificent 7 index token
MAG7 is a Bankr index token on Robinhood Chain: one ERC-20 token backed by NVIDIA, Apple, Alphabet, Microsoft, Amazon, Meta and Tesla stock tokens, held in its own contract. Anyone holding it can redeem it for their share of the stocks inside, and it trades on Bankr.
read live on Robinhood Chain · 13:50:12 utc · paying
What is inside
| stock token | share | held | value |
|---|---|---|---|
| META Meta Platforms | 33.4% | 28.836668 | $20,147.33 |
| NVDA NVIDIA | 24.9% | 69.646374 | $15,043.43 |
| AAPL Apple | 10.3% | 18.058776 | $6,217.27 |
| AMZN Amazon | 9.5% | 22.390898 | $5,733.44 |
| GOOGL Alphabet | 8.6% | 15.175887 | $5,193.06 |
| TSLA Tesla | 8.5% | 14.210639 | $5,112.15 |
| MSFT Microsoft | 4.7% | 5.348978 | $2,848.13 |
> held in the MAG7 contract and read there live. The shares move with prices; Bankr rebalances change what it holds.
The token
- standard
- ERC-20 index token on Robinhood Chain · 18 decimals
- made with
- Bankr
- shares
- 28,064.51995 in circulation
- price
- what one share redeems for: every stock token inside at its Chainlink feed on Robinhood Chain, over the shares in circulation
- our vault
- 0.785824 normal · 8.123934 premium shares
Trade or redeem MAG7
MAG7 is not traded on Gifted Stock. It trades on Bankr, which is also where you redeem it for the stock tokens inside.
Open MAG7 on BankrWin MAG7 in a box
Right now a normal box draws MAG7 7.7% of the time and a premium box 7.7% of the time on Robinhood Chain. The draw picks the prize and the stock, and the MAG7 lands in your wallet in seconds.
Questions
What is MAG7?
A Bankr index token: one ERC-20 token on Robinhood Chain backed by NVIDIA, Apple, Alphabet, Microsoft, Amazon, Meta and Tesla stock tokens, held in its own contract. A share is worth what those stock tokens are worth, divided by the shares in circulation.
How do I turn MAG7 into the stocks inside?
Redeem it on Bankr: you get your share of every stock token the contract holds, straight to your wallet. Bankr is also where MAG7 is bought and sold.
Can I hold MAG7 in the US?
MAG7 is backed by Robinhood stock tokens, which Robinhood does not offer to US persons and which are not available everywhere else either. Check your own rules before getting it or opening a box.