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.
Ring is trying to be One DeFi Protocol To Rule Them All”
Combining the demand for high yield DeFi protocols with the simplicity of one token.
RING aims to combine the returns from 30+ DeFi protocols carefully selected by our team and redistribute the yield to you. Hence, your risk is minimized and the fees are erased.
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