SnowSwap

What is SnowSwap?

SnowSwap is a decentralized marketplace for trading yield-bearing stablecoins. specifically designed for Yearn Finance investments that produce a dividend. The goal is to remove the need for users to swap stablecoins while switching to a different Yearn DeFi Vault. Instead of squandering Ether on excessive transaction fees by having to withdraw and re-deposit assets. SnowSwap enables direct trading between Yearn vaults, saving users a great deal of hassle, money, and time.

Because of the platform's low slippage switch capabilities, users can swap into a vault with a sizable reserve when they do want to exit one.

By acting as a liquidity provider, you can potentially generate an additional yield from assets. The LPs receive 0.04% of the trading commissions paid for each swap. SNOW is the governance token for SnowSwap.