Information
Protocol Information
Snake Finance, an Algorithmic Stablecoin where 1 $SNAKE is equivalent to 1 $S. Algorithmic stablecoins are non-collateralized tokens designed to follow the price of their pegged asset, offering greater capital efficiency than traditional collateralized stablecoins
Category:Algo-Stables
Forked from:Tomb Finance
Token Information
Address:sonic:0x...498eF6
Methodology
Pool2 deposits consist of SNAKE/S and GSNAKE/S LP tokens deposits while the staking TVL consists of the GSNAKEs tokens locked within the Masonry contract(0x5A5d34826ab31003F26F8A15e9B645803d85eA81).