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 that are integral to the DeFi ecosystem.
Compounding - Rewards from other protocols are auto-compounded and fees are reduced through community pooling.
StableVault - Swap stablecoins or provide liquidity to earn risk-averse returns.
{% hint style="info" %} New to DeFi? Learn more about the space on Snowball's very own DeFi University! {% endhint %}