Snowball is a decentralized finance protocol and DAO built on Avalanche. It operates Snowball Earn, an auto-compounding platform for DeFi rewards; Axial, a decentralized stable-asset exchange and liquidity platform; Teddy, a borrowing protocol that allows users to borrow against AVAX and mint the TSD stablecoin; and additional products including Lava liquid staking, a DeFi education platform, governance, and an NFT marketplace. Snowball also operates a venture studio that incubates DeFi projects through community governance.
Teddy Cash operates a decentralized borrowing protocol on Avalanche, offering interest-free loans with borrowing of up to 11x against AVAX. Its web application supports wallet connection for interacting with the protocol. The website states that Teddy Cash is part of the Snowball ecosystem and that its smart contracts have been audited by HashEx.
