> 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/documentation/pre-deposit-vaults.md).

# Pre-Deposit Vaults

To ensure fair and efficient access to early `$SNOW`, Snowball will offer Pre-Deposit Vaults — letting users deposit `$AVAX` ahead of launch and receive `$SNOW` at fixed prices, without the risk of front-running bots.

Vaults will mint in tranches, with the earlier vaults receiving a better price.

### How it Works

* Vaults mint `$SNOW` sequentially — Summit first, then Basecamp, then Public.
* All depositors in the same vault get the same `$SNOW` price.
* Once vaults finish, public minting opens.
* Each vault has per-wallet and total caps.

***

## ‍⛰️ Summit Vault

**Who can deposit?**

* Whitelisted wallets (TBA)

**Caps**

* Per address: 1,000 `$AVAX`
* Vault total: 50,000 `$AVAX`

## 🏕️ Basecamp Vault

**Who can deposit?**

* Whitelisted partner communities (TBA)

**Caps:**

* Per address: 1,000 `$AVAX`
* Vault total: 50,000 `$AVAX`

## 👪 Public Vault

Who can deposit?

* Whitelisted wallets (TBA)

**Caps:**

* Per address: 2,000 `$AVAX`
* Vault total: 50,000 `$AVAX`

{% hint style="info" %}
The Snowball Treasury can mint up to 1,000 $SNOW at the initial price with no fees to seed $SNOW/$AVAX liquidity and fund future incentives.
{% endhint %}


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