Depositing into Compounding Strategies from Pangolin

This guide covers how to deposit into our compounding strategies on Snowball for Pangolin liquidity pools. To understand more about how our compounding strategies work, read our Compounding page.

Getting PGL Tokens on Pangolin

This section is a prerequisite step to depositing into Snowball. It will go over providing liquidity on Pangolin. If you have already done this, skip below where it says "Depositing PGL tokens on Snowball."

1) First you will need to decide which token pair you would like to compound. You can view our supported pairs on the compound page of our website. Once you know the token pair you'd like to compound, get equal value amounts of each token.

This guide uses the AVAX-PNG token pair as an example.

2) Go to the new PNG page of Pangolin's website.

3) Find the pool that matches your token pair and click the Deposit button.

4) Click the add [pair] liquidity button.

5) Enter the amount of PGL tokens you would like to deposit and click the Approve token button. Then confirm the transaction.

7) Click the Supply button and confirm the transaction. You are now supplying liquidity on Pangolin and earning PNG rewards.

Depositing PGL tokens on Snowball

1) Go to Snowball's compounding page.

2) Find the correct pool that represents the tokens you deposited and click the Approve button. Then confirm the transaction.

3) Click the Deposit button, then confirm the transaction. Your Pangolin rewards will now be compounded.

4) Go to the earn page of our website. Make sure you are on the tab that says New Pools.

5) Find the correct pool that represents the tokens you deposited and click the Approve button. Then confirm the transaction.

6) Click the Stake sPGL button, then confirm the transaction. You will now earn SNOB rewards.