CryptoCurrencies
16983
Exchanges
500
Total Market Cap
3,144,915,713,686
Volume 24h
159,716,695,063
Dominance
BTC 60.12%   ETH 6.92%   USDT 4.71%   XRP 4.29%

gSNAKE
GSNAKE

52.57
$
4.79 %
Change 24h
Market Cap
$ 352,030
Volume 24h
$ 416.77
Circulating Supply
6701
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