Snowbank
SB

163.45
$
1.73 %
Change 24h
Market Cap
$ 22,992,384
Volume 24h
$ 937,820
Circulating Supply
140,757
Total Supply
107,568
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.
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