CryptoCurrencies
800
 Total Market Cap
259,811,667
 Volume 24h
2,640,459,385
 Dominance
ETH 60.35%   MIN 6.16%   FOXSY 6.01%   $HEGE 4.87%

Snowbank
SB

236.56
$
0.54 %
Change 24h
Market Cap
$ 37,764,200
Volume 24h
$ 113.58
Circulating Supply
159,640
Total Supply
159,640
SB
$
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.