> For the complete documentation index, see [llms.txt](https://docs.snowballfi.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.snowballfi.app/welcome.md).

# Welcome

### ❄️ Make It Snow (☃️,☃️)

Snowball Protocol is a powerful DeFi engine built for the Avalanche ecosystem, giving `$AVAX` holders a way to maximize capital efficiency through an *up-only*, yield-bearing asset: `$SNOW`.

At its core, Snowball introduces a single-sided minting and redemption mechanism, paired with high-leverage loans and a smart, fee-driven design. The result? A protocol where the backing per `$SNOW` can only increase over time.

Inspired by [BakerDAO](https://www.bakerdao.io/) and [Eggs Finance](https://eggs.finance/), Snowball wraps proven tokenomics in a meme-forward, Avalanche-native shell — featuring tiered vaults, leverage loops, and protocol-owned liquidity.

In simple terms: **The value of $SNOW, denominated in AVAX, can only go up.**

<table data-view="cards"><thead><tr><th></th><th data-hidden data-card-cover data-type="files"></th></tr></thead><tbody><tr><td>Access Snowball App</td><td><a href="/files/VuoCDGDVqgtk8yXeiKfn">/files/VuoCDGDVqgtk8yXeiKfn</a></td></tr><tr><td>Protocol Mechanics</td><td><a href="/files/ZczUyWVUqZb069m1lyRU">/files/ZczUyWVUqZb069m1lyRU</a></td></tr><tr><td>User Guide</td><td><a href="/files/bAYy7yNONPLXgfT5magT">/files/bAYy7yNONPLXgfT5magT</a></td></tr></tbody></table>


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