CryptoCurrencies
12344
Exchanges
500
Total Market Cap
1,101,733,741,098
Volume 24h
119,121,498,317
Dominance
BTC 40.01%   ETH 17.78%   USDT 6.20%   BNB 4.00%

Snowbank
SB

220.20
$
1.45 %
Change 24h
Market Cap
$ 35,153,960
Volume 24h
$ 550.70
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.