From Guild Wars 2 Wiki
The Snafu Prize is an award created by asuran students as sort of the opposite of the Snaff Prize. It is awarded to the student with the most epically failed project, and is primarily used to keep track of in order to joke about.
- The term "Snafu", created during WWII as a military acronym for chaotic and messed up, has come to mean something very chaotic or a major glitch or breakdown; "Situation Normal All Fouled/#*&$ed Up".
- It is similar to the "Golden Raspberry Awards", which keeps track of the worst in the film genre.