Snowflake Partnership with Jupiter Aggregator
Jupiter Aggregator, the best swap aggregator, and infrastructure for Solana announced a partnership with Snowflake, a multisig wallet and on-chain automation provider for Solana.
Snowflake partnership with Jupiter Aggregator will allow both communities to organize swaps in the future.
Partnership Highlights
Building on Solana requires a robust network of partners, which opens a plethora of additional features for their community.
Snowflake, in collaboration with Jupiter Aggregator, offers the most SEAMLESS Dollar Cost Average Solution on Solana.
Users may now arrange frequent swaps between their preferred tokens with a few clicks.
What is Dollar Cost Averaging?
Dollar-cost averaging (DCA) involves regularly investing a certain amount of tokens on a recurring basis.
Assume you want to buy additional SOL but are confused when to switch your tokens owing to erratic price swings. Dollar Cost Averaging can reduce the risks associated with attempting to timing the market (e.g., waiting for the peak or bottom) in order to invest in a certain asset.
Indeed, users may now invest in any accessible Jupiter Token on a regular basis by leveraging Snowflake’s on-chain automation. Consider the following example.
Snowflake Partnership with Jupiter Aggregator
This automation shows how, by utilizing Jupiter’s best-route switch, you may buy $10 of SOL every Monday at 10 a.m. Once you’ve set up this automation, you just need to approve it once, and it will swap USDC for SOL on a regular basis. Above all, this allows users to buy a certain token on a regular basis at the stated price without having to worry about when to invest.
How can Users Get Started?
In only a few steps, you may begin DCA’ing into any token:
- Create a Snowflake Safe at https://snowflake.so
- Select New Transaction -> Custom Action
- Lastly, create a Custom Action to schedule future swaps on a recurring timeline of your choosing.
With a few clicks, you may now trade tokens on a recurrent basis using Jupiter.
Users may also swap using the Jupiter App from the Snowflake App Store.
Snowflake Safe
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.
About Jupiter
Jupiter brings together all the liquidity sources across Solana into a single endpoint, providing best-in-class swap aggregation, pricing data and payment features for all users and developers alike.
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