CryptoCurrencies
17558
Exchanges
500
Total Market Cap
3,565,710,932,114
Volume 24h
191,361,991,898
Dominance
BTC 60.86%   ETH 8.73%   USDT 4.44%   XRP 3.75%

Snowbank
SB

231.53
$
4.18 %
Change 24h
Market Cap
$ 36,965,769
Volume 24h
$ 150.11
Circulating Supply
159,640
Total Supply
159,640
SB
$
# Exchange Pair Price Volume 24h

Description

Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below. Snowbank DAO also introduces economic and game-theoretic dynamics into the market through staking and minting.