CryptoCurrencies
17790
Exchanges
500
Total Market Cap
4,109,786,911,950
Volume 24h
404,872,934,874
Dominance
BTC 56.91%   ETH 10.99%   XRP 4.54%   USDT 3.97%

gSNAKE
GSNAKE

36.01
$
8.73 %
Change 24h
Market Cap
$ 534,054
Volume 24h
$ 9390.9
Circulating Supply
14,825
Total Supply
60,088
GSNAKE
$
# Exchange Pair Price Volume 24h

Description

Snake Finance is a seigniorage protocol operating on Sonic Chain that uses algorithmic mechanisms to maintain a target mirrored value between SNAKE and S tokens. The protocol employs a dual-token system (SNAKE and gSNAKE) alongside a Peg Stability Module (PSM) and NEST emissions system for managing token supply and distribution. The platform implements governance mechanisms through gSNAKE holdings and plans to participate in future gauge voting systems across the Sonic ecosystem, allowing for community-driven protocol development