Snowbank SB
SB
253.46
$
5.29 %
Change 24h
Market Cap
$ 40,456,404
Volume 24h
$ 202.17
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.