sb Price Live Data
The live Snowbank price today is $ 219.94 usd with a 24-hour trading volume of $784 usd. We update our sb to usd price in real-time. Snowbank is up 0.21% in the last 24 hours. The current coinmarketcap ranking is #540, with a live market cap of $35 119 636 usd. It has a circulating supply of $0 sb coins and the max. Supply is not available.
What Is Snowbank (sb)?
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.