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) 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.&nbsp;Snowbank DAO is a fork of Olympus on the Avalanche Network.There are two main strategies for market participants: staking and minting. Stakers stake their SB tokens in return for more SB tokens, while minters provide LP tokens or MIM tokens in exchange for discounted SB tokens after a fixed vesting period.

Snowbank

Snowbank is a decentralized reserve currency that remains unbound by a peg

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Discover %exchanges_count% Best Exchanges Offering %markets_count% %code% Markets for Buying, Selling, and Trading. Get insights on spread, 24-hour trading volume data, and quotes across DEX and CEX platforms.

Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

Trader Joe	SB/WAVAX	WAVAX 6.57 $ 246.31	N/A	WAVAX $ 0.00	WAVAX $ 0.00	N/A	$ 162.17 SB 0.658
Trader Joe	MIM/SB	MIM 252.52 $ 246.32	N/A	SB $ 0.00	SB $ 0.00	N/A	$ 76.94 MIM 78.88
Pangolin	SB/WAVAX	WAVAX 5.01 $ 187.81	N/A	WAVAX $ 0.00	WAVAX $ 0.00	N/A	N/A

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