Symbol: SB
Price: $244.53
Volume: $108
Market Cap: $39,036,785
Fully Diluted Value: 39,036,785
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 159,640
Type: Crypto Token
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.