YDragon x Snowball

YDragon announces latest partnership with Avalanche based multi-faceted DeFi suite, Snowball

Oliver M
ydragon_io
3 min readDec 10, 2021

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The partnership train is picking up speed again here at YDragon HQ, with our latest addition being cause for excitement and anticipation. Snowball, an incredibly promising DeFi protocol on Avalanche, have joined the YDragon partner network, and bring with them a fantastic array of products. The Snowball protocol has seen a real explosion of growth this year, and are one of the leading DeFi projects on Avalanche; we couldn’t be prouder to have them as our partner!

A YDragon partner based on Avalanche…… what could this mean???

As a Community Driven Venture DAO, Snowball provides access to fundamental infrastructure for DeFi on Avalanche and its continued growth while increasing financial inclusion through partnerships that give users access to more diversified product base.

The Partnership in a Nutshell

This collaboration with Snowball represents the first step on YDragon’s exploration of the Avalanche ecosystem, and confirms our plans on the build of an Avalanche based YDragon Index. As you may well have guessed, it also represents the first confirmed member asset of the Avax index — Snowball!

Further to the index inclusion, the partnership will see multiple co-promotional opportunities, most likely including some cross-community AMAs in the near future.

Finally, there are exciting opportunities centred around staking for both parties! Details are to be confirmed on this as yet, so keep an eye on our channels for announcements!

About Snowball

Snowball is a decentralised protocol based on Avalanche, offering a suite of amazing products. They provide services like auto-compounding (the first on Avalanche) for liquidity pools, automated market making (again, the first on Avalanche!) for stable assets, and much more. Snowball is aiming high, with their sights set on becoming an Avalanche leading DeFi project. They aim to achieve this by offering a diversity of products that are not only competitive, but offer incredible use cases and value on every front.

We look forward to seeing this partnership create even more value for the Avalanche community in the future and will always be open to new ways our communities can work together to make our DeFi ecosystem even better for our users - Snowball

The Snowball project is entirely community run, with day-to-day operations handled by a core team. However, something very interesting is this team is non-exclusive, meaning anyone who shows an active interest in Snowball can participate. Snowball major protocol decisions are made by the community using the power of the Snowball governance token, SNOB. Anyone with SNOB can use their tokens to vote on crucial governance decisions that directly affect the protocol.

Read more about Snowball on their links below.

Website | Twitter | Telegram | Medium | Gitbook

About YDragon

YDragon is a crypto index platform offering you a range of opportunities to own a diverse selection of the best performing and most promising cryptocurrencies with a single token. Armed with market-leading cross-chain capabilities and yield-generation opportunities, YDragon offers you a seamless, cross-chain, multi-asset experience.

Not only do investors gain diversified exposure to the best and brightest of what’s available on a selection of blockchains, they have the added luxury of benefiting from the most trusted and lucrative yield farming protocols around, ensuring optimum passive-income on your investment.

The YDragon protocol is actively working on expansion into multiple blockchains and ecosystems, to give our investors expertly selected exposure to as many diversified investment and passive income opportunities as possible.

Buy YDR here

Contract Address: 0x3757232b55e60da4a8793183ac030cfce4c3865d

If you’re curious about the listing and performance and would like to take a look at the charts, this should make life easier for you. You can find the BSC chart here and the ETH chart here.

Find out more about YDragon on our website.

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Oliver M
ydragon_io

Crypto writer, simplifying the blockchain space for the masses one word at a time.