> 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/protocol-mechanics/token-info.md).

# Token Info

### $SNOW Token

* **Network:** Avalanche
* **Contract Address:** [0xC295f619afc2b8543D91c8970EA4c0726f197250](https://c.snowtrace.dev/address/0xC295f619afc2b8543D91c8970EA4c0726f197250/contract/43114/code)
* **Max Total Supply:** Dynamically capped, starts at **5 million.**
* **Backing:** Each `$SNOW` is backed by `$AVAX` held in the protocol treasury. This AVAX pool grows with every mint, burn, loan, and bribe loop — ensuring the backing per `$SNOW` only increases over time.

***

### 💧 Liquidity

**DEX Integration**

$SNOW will be tradable on Avalanche DEXs including [Pharaoh](https://pharaoh.exchange/) and [Blackhole](https://blackhole.xyz/). Since DEX pricing is driven by external markets and liquidity depth, price may diverge from the backing value — creating arbitrage opportunities for traders.

**Incentivized Liquidity**

Users can provide liquidity to $SNOW pools (e.g. $SNOW/$AVAX) and earn rewards:

* Bribes funded by protocol fees
* ve(3,3) incentives on Pharaoh & Blackhole
* Rewards paid in DEX tokens

This setup ensures deep, sustainable liquidity and consistent volume-driven rewards.


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