Snowflake Collaboration with Nazare Finance

Published on: 08.09.2022
Snowflake Collaboration with Nazare Finance

Multisig wallet and on-chain automation for Solana, Snowflake, announced its collaboration with Nazare Finance, an automated liquidity manager built by GoblinGold and Hedge Labs.

Snowflake is excited about its collaboration with Nazare Finance, an automated liquidity manager built by GoblinGold and Hedge Labs.

Collaboration Highlights

Using optimized strategies, Nazare automatically manages and rebalances your concentrated liquidity position. While giving you a fully composable, fungible nLP token back, which represents a share of the pool and can be stake for additional rewards and used across the Solana ecosystem.

Enter Snowflake Multisig Program Upgrade

With Snowflake program deployment application, teams can easily collaborate together to build new tools for the Solana Community. Program authorities are securely transfer to a multisig. With an intuitive and easy-to-use interface, Snowflake Safe ensures that no single owner is able to make changes, but instead multiple signers are required to upgrade a program.

About SnowFlake

Snowflake, the first on-chain automation platform built on Solana. Snowflake network empowers developers and end-users to schedule & automate hundreds of smart contracts in one unified on-chain platform.

 Website | Twitter

About Nazare Finance

Nazare is built by Goblin Gold and Hedge Labs with the support of Orca and Solend Protocol. Nazare uses optimized strategies to automatically manage and rebalance your concentrated liquidity position. As well as auto-compound the returns (including liquidity mining rewards!) for maximized yield.

 Website | Twitter

SOURCE

https://medium.com/@snowflake_so/snowflake-safe-case-study-nazare-finance-7454bf63c9db

REQUEST AN ARTICLE

Market Stats:
BTC Dominance: 38.12%(-0.11%/24h)
ETH Dominance: 18.37%(+0.07%/24h)
Defi Market Cap: $37.76B(-12.85%/24h)
Total Market Cap: $856.67B(+0.68%/24h)
Total Trading Volume 24h: $37.01B(-12.03%/24h)
ETH Market Cap: $154.89B
Defi to ETH Ratio: 24.38%
Defi Dominance: 4.23%
Altcoin Market Cap: $530.11B
Altcoin Volume 24h: $18.09B
Total Cryptocurrencies: 21910
Active Cryptocurrencies: 8981
Active Market Pairs: 58330
Active Exchanges: 528
Total Exchanges: 4354