Snowbank
SB

211.65
1.31 %
Change 24h
Market Cap
€ 33,786,839
Volume 24h
€ 12.54
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.
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