CryptoCurrencies
17684
Exchanges
500
Total Market Cap
4,150,748,364,303
Volume 24h
354,484,797,533
Dominance
BTC 56.63%   ETH 10.65%   XRP 4.92%   USDT 3.90%

Snowbank
SB

223.90
$
0.15 %
Change 24h
Market Cap
$ 35,601,884
Volume 24h
$ 58.47
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.