Snowball takes a 10% performance fee on all profits made through compounding. This happens at every harvest.
Snowball’s compounding strategies use code that has been forked from Pickle Finance, which has been audited. However, we still recommend using the protocol with caution as any new code has not been audited. You can review our code on the Snowball GitHub.
To learn about how auto-compounding works with Snowball, visit the Compounding page of our documentation. For a step by step walkthrough on how to use Snowball’s compound feature, view our compounding guides.
Once you’ve deposited into a compounding strategy on Snowball, you will receive a receipt token representing the pair you deposited. You can then deposit your receipt token on the Earn page of our website.