CryptoCurrencies
16109
Exchanges
500
Total Market Cap
3,570,708,457,581
Volume 24h
319,399,473,206
Dominance
BTC 54.03%   ETH 11.52%   USDT 3.92%   XRP 3.62%

Snowbank
SB

227.94
$
1.19 %
Change 24h
Market Cap
$ 36,404,630
Volume 24h
$ 3111.6
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.