# 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>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.snowballfi.app/welcome.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.