SNW Token Price

The current SNW Token Price is $0⁴119, with a market capitalization of $11.7 k and a daily trading volume of $0. SNW Token Price, market capitalization, and daily trading volume are based on real-time data. Add Snowfall Protocol to your watchlist and track SNW Token Price live using the Flooz App.

What is Snowfall Protocol (SNW)?

Snowfall Protocol (SNW) is the staking and governance token of the Snowfall ecosystem, built on the BNB Smart Chain. The SNW token serves multiple purposes within the ecosystem, including paying for bridging and swapping fees as well as taking part in staking and governance. According to project documents, Snowfall Protocol is planning to construct bridges connecting various EVM compatible chains such as Ethereum, Optimism, Polygon, Avalanche, and Arbitrum, in order to enable seamless stablecoin transfers, like BUSD, USDC, and USDT. Eventually, the Snowfall DEX will also allow users to trade across popular non-EVM compatible chains, like Terra, Fantom, and Harmony. In addition to fungible tokens, Snowfall Protocol seeks to enable cross-chain transfers for the majority of non-fungible tokens. Snowfall is developing a protocol for NFT wrapping, which will allow for interoperability between different NFT standards and blockchains, allowing for NFTs to be listed and swapped on different open marketplaces like OpenSea.

Who is the Snowfall Protocol (SNW) founder?

The founder of Snowfall Protocol (SNW) is unknown. However, the project's whitepaper mentions a team of professionals, including Denis Lukavačkić as Executive Officer, Piyanut Wonglakhon as Marketing Director, and Damir Hajdić as Software Engineer. Users should exercise caution and conduct thorough research before investing or participating in the project.