Snowbank
SB
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for SB.
AI Analysis
Comprehensive evaluation of the token
Snowbank (SB) is evaluated as a defunct and abandoned project with effectively zero viability for investment. Launched as an OlympusDAO fork on the Avalanche network, the protocol ceased active operations in early 2022 following a 'shutdown' announcement and a redemption event for treasury assets. Active development is non-existent, with no GitHub activity since late 2021. Community support has completely collapsed; official channels are offline or abandoned, and remaining discourse characterizes the project as a 'rug pull' or scam, largely due to its association with the disastrous $30 million Snowdog incident. The tokenomics rely on a broken high-inflation model with no current liquidity or utility. Furthermore, the anonymous team lacks accountability and never subjected the protocol to independent security audits. SB is currently a 'zombie' token with no competitive advantage, security, or future roadmap.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Snowbank (SB)
Snowbank (SB)
Token Name: Snowbank
Symbol: SB
Overview
Snowbank (SB) is a blockchain-based utility token designed to power the Snowbank ecosystem. SB enables token holders to participate in governance, stake tokens for rewards, and access exclusive platform features with full transparency and security.
Key Features
- Governance Participation: SB holders can propose and vote on protocol upgrades and community initiatives.
- Staking Rewards: Stake SB tokens to earn network incentives and contribute to protocol security.
- Community-Driven: Decentralized decision-making model fosters active community engagement and development.
- Transparent Transactions: All SB transfers and staking operations are recorded on-chain for verifiable auditability.
Use Cases
- Vote on governance proposals that shape the future of Snowbank.
- Stake SB to unlock rewards and support network stability.
- Access premium features and services within the Snowbank platform.
- Join a growing community focused on decentralized finance innovation.
Snowbank (SB) is a utility token for protocol governance, staking, and ecosystem access. No financial advice provided.
