The Snowball project has recently shown resilience in the face of market downturns, primarily due to its design mechanism. Each transaction incurs a 3% slippage, and when the accumulated amount reaches 0.1BNB, the system automatically triggers a buyback and burn, creating continuous deflationary pressure. The project is officially launched by the team and has no sovereign affiliation. Long-term development of the Chinese community both online and offline is also underway. Compared to similar projects that ride the hype, this combination—robust mechanism plus community operation—truly supports stronger price resilience. While it has led the short-term gains, the key is whether the community enthusiasm can be converted into sustainable ecosystem support.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
Alex王哥vip
· 10h ago
Snowball, you profit by selling it with a 1% fee. Shorting it incurs a terrifyingly high funding rate. You profit from both ends. The funding rate is calculated hourly. Plus, it has no spot anchoring. Purely a leek harvesting machine. Cherish life, stay away from Snowball.
View OriginalReply0
DomineeringExposedvip
· 12h ago
A 6% fee on both buy and sell transactions? Oh my god, that's just robbery.
View OriginalReply0
TokenDustCollectorvip
· 12h ago
Honestly, it depends on how long the 3% slippage mechanism can last. Stop bragging; the real test is still to come. The solid mechanism is good, but I'm worried that the community enthusiasm will burn out. Chinese community building? There are too many projects I've heard of; let's wait and see. The mechanism is well-designed, but whether it can hold up is the key. Deflation is deflation, but the main thing is to have enough popularity to support it.
View OriginalReply0
blocksnarkvip
· 13h ago
This mechanism design does have some substance; the combination of deflation + buyback packs a pretty strong punch. Snowball's ability to resist declines mainly relies on solid mechanisms; other markets simply can't do that. Whether community enthusiasm can be converted into ecological support—that's the real key. To be honest, there are a bunch of projects with this kind of mechanism now, but few can execute it well. Wait, does the official no-sovereign setting mean there will be fewer variables moving forward? I can see that the Chinese community's operations are indeed putting in effort; this is much better than those free-range projects. A hard mechanism isn't万能; ultimately, it still depends on how long the team and community can坚持. It's somewhat interesting; let's keep an eye on the trend and see how it develops. In simple terms, it's a combination of mechanism + operations; this approach does have some novelty.
View OriginalReply0
ImperfectionIsWhatMakvip
· 13h ago
Resilient to declines, not fully distributed yet, definitely won't drop sharply, and there are still people taking over.
View OriginalReply0
ImperfectionIsWhatMakvip
· 13h ago
Laughing to death,
View OriginalReply0
BanklessAtHeartvip
· 13h ago
A solid mechanism + community operation combination really works well; it's much more reliable than those vapor projects.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt