CryptoCurrencies
14312
Exchanges
500
Total Market Cap
2,549,804,278,284
Volume 24h
84,921,494,107
Dominance
BTC 51.67%   ETH 14.68%   USDT 4.37%   BNB 3.48%

Snowbank
SB

242.28
$
0.01 %
Change 24h
Market Cap
$ 38,676,980
Volume 24h
$ 55.60
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.