Snowball
SNOB

0.2740
$
12.34 %
Change 24h
Market Cap
$ 4,207,270
Volume 24h
$ 138,176
Circulating Supply
15,355,800
Total Supply
18,000,000
SNOB
$
Description
SnowBall is the Governance Token for SnowBall Finance on the Avalanche Network. Snowballs are used to direct the resources of the SnowBall Treasury and allocation of snowball incentives. Snowball is governed by the IceQueen Contract which is controlled by Governance. The SNOWBALL distribution started on block 443700, around March 3rd, 2021. SNOWBALLS will follow a monetary policy that caps the growth of the supply. The distribution of SNOWBALLS will be as a liquidity incentive to our globes, creating Snowglobes. We plan to launch 15 million snowballs to users over the first million blocks with a step wise function every 200k blocks, for a total of 18 million snowballs before governance exerts additional control of future monetary policy.