Snowbank
SB

854.17
£
53.03 %
Change 24h
Market Cap
£ 89,608,591
Volume 24h
£ 15,121,145
Circulating Supply
106,360
Total Supply
40,175
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.
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