Preis (Snowball) (SNOB)

What is SNOB?

SNOB is the governance token for the Snowball protocol. It can be used in conjunction with Snowball Governance to vote on proposals. Tokens are minted through mining as incentive rewards for participating in Snowball.

How to obtain SNOB?

SNOB can be acquired by providing liquidity on the Snowball platform and then staking that liquidity. Additionally, SNOB can be purchased from various exchanges such as Pangolin.

What is Snowball?

Snowball is a decentralized protocol on Avalanche that offers a suite of products. We provide auto-compounding services for liquidity pools on Pangolin and act as an automated market maker (AMM) for stable assets. Our goal is to become one of the premier DeFi projects on Avalanche by offering a diversity of products that are competitive and useful.

Who runs Snowball?

Snowball is entirely community run and is not backed by any centralized institution. Day to day operations of the organization are handled by a core team. However, this team is non-exclusive and anyone who shows an active interest in Snowball can participate.

Major protocol decisions are determined by the community using Snowball Governance. Anyone with SNOB can use their tokens to vote on crucial governance decisions that directly affect the protocol.