CryptoCurrencies
14793
Exchanges
500
Total Market Cap
2,243,861,381,565
Volume 24h
140,044,142,494
Dominance
BTC 53.22%   ETH 12.85%   USDT 5.33%   BNB 3.65%

Snowbank
SB

230.61
$
1.03 %
Change 24h
Market Cap
$ 36,815,353
Volume 24h
$ 152.83
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.