Description
Snowball is a compounding yield aggregator operating on the Avalanche network, primarily focused on optimizing DeFi earnings through its auto-compounding feature. Established as a DAO, Snowball provides a secure platform for liquidity provision, staking, and yield farming. It enables SNOB token holders to partake in governance, impacting the platform's evolution. By integrating with various Avalanche DeFi protocols, Snowball boosts ecosystem liquidity and efficiency. Emulating Pickle Finance, it leverages smart contracts—known as Globes—to minimize compounding costs and maximize yield farming, notably on Pangolin DEX. Snowball's governance structure and token usage underline its community-driven ethos. Launched in 2021, SNOB tokens witness price fluctuations and are traded on 14 markets. With a total supply of 17,805,947 SNOB, 5,492,416 are in circulation. Snowball strives to demystify DeFi investments, allowing easy passive income generation within the web3 arena. Further details are available at their official site: [https://snowball.network](https://snowball.network).
Snowball is a compounding yield aggregator operating on the Avalanche network, primarily focused on optimizing DeFi earnings through its auto-compounding feature. Established as a DAO, Snowball provides a secure platform for liquidity provision, staking, and yield farming. It enables SNOB token holders to partake in governance, impacting the platform's evolution. By integrating with various Avalanche DeFi protocols, Snowball boosts ecosystem liquidity and efficiency. Emulating Pickle Finance, it leverages smart contracts—known as Globes—to minimize compounding costs and maximize yield farming, notably on Pangolin DEX. Snowball's governance structure and token usage underline its community-driven ethos. Launched in 2021, SNOB tokens witness price fluctuations and are traded on 14 markets. With a total supply of 17,805,947 SNOB, 5,492,416 are in circulation. Snowball strives to demystify DeFi investments, allowing easy passive income generation within the web3 arena. Further details are available at their official site: [https://snowball.network](https://snowball.network).
