Emerging to bring DeFi to Avalanche, we launched our first product; Snowball Earn, the first auto-compounder in the ecosystem.
We brought Axial, a native and decentralized stableswap to Avalanche, as the first DAO launched by Snowball.
As a DAO, we acquired Teddy, the borrowing protocol behind TSD, Avalanche’s best native crypto-backed stablecoin.
We are launching Lava, the most decentralized and robust liquid staking protocol on Avalanche.
We are launching FiHub, the all-in-one platform to interact with all of DeFi on Avalanche; aggregating all we’ve learned so far and sharing it with our community.
DeFi is a revolutionary technology, so we made it our mission to build upon this new financial ecosystem to bring new tools to the masses; empowering as many users as possible.
The vast majority of our core team comes from within the Avalanche community, and all our governance tasks place on-chain - with no team member owning a disproportional amount of voting power.
We vote on and choose to build dapps because they are necessary for the future of the space. From facilitating auto-compounding, to enabling cost-effective stable asset swaps or enabling liquid staking on Avalanche - we have build and will continue to build whatever DeFi users need the most.
By joining us in our ventures, you receive through xSNOB a portion of all of Snowball’s revenue. Our DAO is a community and is meant to grow as one, not to simply accumulate a multi-billion dollar treasury and sit on it indefinitely.