CryptoCurrencies
18831
Exchanges
500
Total Market Cap
4,415,135,852,204
Volume 24h
289,986,375,946
Dominance
BTC 52.99%   ETH 12.57%   XRP 4.19%   USDT 3.88%

Snowbank
SB

277.48
$
9.79 %
Change 24h
Market Cap
$ 44,636,223
Volume 24h
$ 312.88
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.