Snowbank
SB#635
$222.12
24H +1.0%7D +1.8%30D +2.3%
BLOCKINSIDERLoading| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| LFJ | 0X7D1232B90D3F809A54EEAEEBC639C62DF8A8942F/0XB31F66AA3C1E785363F0875A1B74E27B85FD66C7 | $124.60 | 0.66% | TRADE | |
| LFJ | 0X7D1232B90D3F809A54EEAEEBC639C62DF8A8942F/0X130966628846BFD36FF31A822705796E8CB8C18D | $65.42 | 0.67% | TRADE |
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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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