CryptoCurrencies
11246
Exchanges
500
Total Market Cap
1,556,437,192,031
Volume 24h
101,898,482,480
Dominance
BTC 49.86%   ETH 16.66%   USDT 5.76%   BNB 2.25%

Snowbank
SB

227.58
$
1.81 %
Change 24h
Market Cap
$ 36,330,960
Volume 24h
$ 75.33
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.