Snowy Owl is a fork of Tomb Finance, with having a similar goal of bringing liquidity to its home chain - Avalanche. Snowy Owl ($SNO) is an algorithmic stable coin pegged to the price of $JOE, aiming to bring liquidity and facilitate trading in the Avalanche ecosystem. The protocols mechanism adjusts the $SNO supply relative to the price of $JOE while taking into consideration demand for $SNO.