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Introduction
Welcome to Snowball!
Snowball is a Decentralized Finance (DeFi) protocol built on the Avalanche blockchain. It was launched in early March, 2021 and was the first auto-compounder and stable-asset exchange on the network.
Since March, Snowball has grown to be one of the leading DeFi projects on Avalanche. It continues to offer and develop innovative products, while launching new DAOs integral to the DeFi ecosystem.
Governance - Everything at Snowball is determined through governance. This includes SNOB token distributions, proposals for launching new DAOs and much, much more.
Compounding - By using Snowball's auto-compounder, rewards from other protocols can be automatically re-invested, saving you gas fees and yielding higher APYs.
Teddy - The newest addition to the Snowball ecosystem is the borrowing platform and issuer of TSD; Avalanche's own native stablecoin.
Last modified 1yr ago