CryptoCurrencies
17038
Exchanges
500
Total Market Cap
3,644,281,268,431
Volume 24h
274,997,979,762
Dominance
BTC 59.71%   ETH 8.54%   USDT 4.18%   XRP 3.81%

Snowbank
SB

239.43
$
1.11 %
Change 24h
Market Cap
$ 38,223,043
Volume 24h
$ 250.09
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.