This integration of Switchboard with Snowflake will to allow users to manage their data feeds via a secure Multisig.

Introduction

The Switchboard protocol allows you to customize data feeds without requiring permission. Their approach has always been developer-first, allowing developers to build feeds using the Publisher app’s low-code interface and manage them all in the same app.

There will be protocols that require a similar set of data feeds as their ecosystem protocols grow and scale alongside Switchboard. Consider a group of DeFi protocols; they are most likely integrating with similar crypto assets and, as a result, require a similar set of price feeds to plug into their protocols.

A multi-signature (Multisig) wallet solution will be able to enable teams and developers to co-own data feeds in a secure manner.

Multisig Solutions for Creating and Managing Data Feeds

They integrated with Multisig solutions on Solana after receiving requests from primarily DeFi protocols to bring this feature to its users. Switchboard users can now use Multisigs to create, fund, and manage data feeds with third parties.

What exactly is a Multisig?

A multi-signature wallet enables a group of users to approve a transaction before it is carried out. Before a transaction, such as a payment or withdrawal, can be executed, many individuals and teams prefer that multiple parties sign off on it. This provides greater security by distributing responsibility for your digital assets to multiple parties and avoiding a single point of failure in the event of a compromised individual or wallet.

Multiple users can be required to manage any on-chain transaction, such as signing a payment transaction, purchasing an NFT, withdrawing from a wallet, or updating the settings and funding of a data feed in Switchboard’s use case.

How does Multisig interact with Switchboard?

Users can integrate their data feeds with a Multisig wallet when creating a data feed. To do so, they will need to:

• Create a feed using a Multisig wallet and have its authority appear immediately under the Multisig wallet’s address;
• Create a feed natively in Switchboard’s Publisher and transfer its authority to a Multisig wallet address (as shown in image).

This integration enables multiple Multisig users to gain ownership of the data feed and execute transactions responsibly, such as funding the lease of the feed or updating feed configurations.

Advantages of Using Switchboard with a Multisig Solution

Using the previous example, a group of DeFi protocol developers can create a Multisig wallet to manage a collection of price feeds required by their protocols. They can save money by sharing feeds instead of funding them individually. The fees shares by more parties, they can choose the best feed security by increasing the number of jobResults and oracleResults for each feed.

The integration improves developer operations on the protocol side, but the end users benefit greatly as well. Knowing that the protocols are using a set of price feeds controlled by a Multisig wallet adds an extra layer of security because responsibility and cross-checking are increased.

Switchboard users can use Multisig applications to create, manage, and fund data feeds that benefit not only the protocol but also their end users.

About Switchboard

Switchboard is a community-driven, decentralized oracle network built on Solana that allows anyone to publish on-chain data for smart contract developers to reliably build upon.

Website  |  Twitter 

About Snowflake

Snowflake Safe — the most secure & feature-rich multisig platform on Solana. A multi-signature wallet allows a group of users to approve a transaction before executed. Many individuals and teams desire to have multiple parties sign off on a transaction, such as payments or withdrawals before its executed. This allows for more robust security, as it spreads the responsibility of your digital assets to multiple parties, and avoids a single point of failure in the case of a compromised individual or wallet.

Website |  Twitter

SOURCE

https://switchboardxyz.medium.com/building-managing-data-feeds-through-multisig-soltuions-afb1ace6eb06

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Snowflake announced a partnership with the Atlas DEX platform, to allow scheduled recurring cross-chain swaps powered by Atlas DEX. The platform is using Snowflake to vest and distribute native ATS tokens to a variety of individuals.

Users can swap between multiple chains, such as Ethereum, Binance Chain, Polygon, Avalanche, and Solana. They have strong relationships with many different protocols in the DeFi space. Atlas DEX announced their latest collaboration, this time with Snowflake, a Multisig and Automation Platform on Solana.

What Exactly are Multisignature Wallets?

A multi-signature wallet enables a group of users to approve a transaction before it is carried out. Before a transaction, such as a payment or withdrawal, can be executed, many individuals and teams prefer that multiple parties sign off on it. This provides greater security by distributing responsibility for your digital assets to multiple parties and avoiding a single point of failure in the event of a compromised individual or wallet.

Partnership Highlights

Snowflake is a Multisig Operating System for Teams on Solana, with native automation and a rich app store designed to meet the needs of every team. Snowflake enables users to send future scheduled transactions from a secure, centralized location that requires multiple sign-offs before any transaction. Atlas DEX is currently vesting and sending native ATS tokens to a variety of individuals using Snowflake’s Token Vesting, which can be found in the Snowflake app store.

What’s next for Atlas DEX and Snowflake Collaborations?

Their goal is to provide their users with the most feature-rich cross-chain swaps platform possible. They currently have a number of institutions and DAOs interested in swapping tokens on a recurring basis in order to ‘Dollar Cost Average’ into that token. Assume you have a large amount of USDC that you would like to exchange for ETH on a daily basis. To do so on Solana, you must currently manually swap the token into Atlas DEX; however, with this future Snowflake Integration, users will only need to schedule recurring swaps once, and they will be able to set-and-forget their regular swap.

Furthermore, teams hoping to use Atlas DEX via a secure Multisig will be able to do so as a result of this collaboration. This opens up a plethora of opportunities for Snowflake’s teams and institutions looking to acquire assets cross-chain with their institutional funds.

About Atlas DEX

Pioneering the future of interoperability. Atlas DEX is a cross-chain DEX aggregator, allowing users to trade native tokens seamlessly across leading chains.

Website | Twitter

About Snowflake

Snowflake Safe — the most secure & feature-rich multisig platform on Solana. A multi-signature wallet allows a group of users to approve a transaction before executed. Many individuals and teams desire to have multiple parties sign off on a transaction, such as payments or withdrawals before its executed. This allows for more robust security, as it spreads the responsibility of your digital assets to multiple parties, and avoids a single point of failure in the case of a compromised individual or wallet.

Website |  Twitter

SOURCE

https://medium.com/atlas-dex-education/atlas-dex-x-snowflake-partnership-vesting-case-study-c5085b521642

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The most trusted multisig platform on Solana, Snowflake has selected Notifi for multisig safe alerts. The platform is thrilled to bring Notifi’s power to all Snowflake users.

Snowflake selected Notifi for multisig safe alerts so its users can now get real-time notifications for multisig proposal events, automation triggers and recurring payments.

With automated recurring payments used by DAOs and crypto organizations, Snowflake has set the standard for multisig platforms on the Solana Network. Snowflake users can now opt-in to receive email notifications about multisig proposals and transfers happening on their Snowflake Safe, with Telegram and SMS coming soon.

Notifi x Snowflake Overview

Snowflake Safe automates on-chain transactions for a multisig wallet, making them easy to schedule, view, and alter while providing unprecedented security. Snowflake recognizes the importance of automating team workflow, which is why they created a Recurring Payment feature. This enables crypto organizations to manage all of their standard payroll and treasury requirements, as well as to support automated recurring payments and NFT transfers. This is one of many features created by Snowflake to improve the user experience.

Snowflake also provides:

• Asset Management– Keep all your investments, tokens and NFTs, in a central secure location
• Automated Recurring Payments: Snowflake provides automation to schedule all crypto transactions and re-occurring payments
• Address Book: Securely store your contacts on your own private server
• Swap Tokens: Manage your assets from within your safe
• Token Vesting: Manage Token vesting from your Snowflake Safe
• Create and Track Proposal: Create proposals and add Notifi’s alerts to track the process from creation to execution

“Snowflake Safe‘s clean UI and automation make it incredibly easy to schedule and securely execute on-chain transfers.” — Paul Kim, Notifi CEO

Notification Alerts

Multisig wallets require multiple users to approve a transaction before it can be processed. Which increases security but can cause delays in the transaction’s approval. Our real-time alerts follow the Snowflake multisig journey from proposal creation to execution. Users receive updates on which proposals need to be approved or declined, as well as a real-time view of all incoming and automated transfers. This gives safe owners complete visibility into their safe activity and allows them to act quickly if necessary.

Snowflake users can opt-in for the following key alerts:

• A new Snowflake Safe created
• New proposals initiated
• A proposal voted upon
• A proposal deleted or aborted
• A proposal approved and executed

Notifi collaborates on the development of new custom alerts for the Snowflake community in 2023.

About Snowflake

Snowflake Safe — the most secure & feature-rich multisig platform on Solana. A multi-signature wallet allows a group of users to approve a transaction before executed. Many individuals and teams desire to have multiple parties sign off on a transaction, such as payments or withdrawals before its executed. This allows for more robust security, as it spreads the responsibility of your digital assets to multiple parties, and avoids a single point of failure in the case of a compromised individual or wallet.

Website |  Twitter

About Notifi

Notifi allows for simplified communication across all web3 messaging channels (Discord, Telegram, SMS, Twitter). Designed with simple APIs for easy integration and customizable and advanced features for dApps and web3 applications, Notifi empowers developers and creators to better engage with their users and communities via multichannel communications.

Website | Twitter

SOURCE

https://medium.com/notifi/snowflake-chose-notifi-for-multisig-safe-alerts-ed690694b7c

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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.

 Website | Twitter

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.

Website | Twitter

SOURCE

https://medium.com/@snowflake_so/jupiter-x-snowflake-seamless-dollar-cost-average-on-solana-ec16a2f3dc74

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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.

Nazare, built by builders from two amazing protocols, GoblinGold and Hedge Labs. That said, with team members across multiple protocols, a problem arises when collaborating together — how can you require multiple signers when making Solana program deployments and upgrades?

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.

This unlocks a whole new world of collaboration for teams, who are now able to securely collaborate together on new programs, and ensure that no one specific individual has the keys to a program authority holding millions of dollars worth of funds on Solana.

Given the amount of recent security incidents, we strongly recommend this as best practice to ensure safety of protocols on Solana.

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

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Hedge is thrilled to announce its partnership with Snowflake, a multisig and automation platform on Solana.

Through this partnership, Hedge users will be able to take out USH denominated loans while enjoying the full security of a multi-sig.

Partnership Highlights

Hedge is currently using Snowflake Safe to manage their Solana Program Upgrade through a secure Multisig. Prior to this, entire Solana programs are managed by a single wallet, which also represents a single point of failure.

Each smart contract has an upgrade authority which allows the person holding the private key to perform such an upgrade and mutate the state of the on-chain program. Snowflake Safe allows teams to decentralize the program authority and remove a single point of failure by leveraging a secure multisig.

What’s next?

Snowflake will aim to include Hedge within their Solana Apps store. Currently, the Snowflake app store contains a variety of applications that allow users, teams and DAO’s to swap, lend, invest, stake and much more.

Through the future integration, users would be able to undertake loans of $USH, a stablecoin soft-pegged to the US dollar. This partnership will allow users to borrow on-chain tokens without having to sell their underlying assets.

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 Hedge

Hedge is an interest-free, low minimal collateral ratio lending protocol on Solana. It gives users the best deal on access to liquidity against their collateral.

Website | Twitter

SOURCE

https://hedgelabs.medium.com/hedge-snowflake-206570c2872c

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Partnership Highlights

This partnership with Notifi will leverage with Snowflake Safe’s secure recurring payments.

Notifi allows dApps to embed notifications and messaging into their platform, giving end-users the ability to receive real-time notifications via SMS, Email and Telegram of important updates. Teams that have integrated their platform allow users to receive necessary updates to their web3 operations.

Notifi Network is leveraging Snowflake’s automation capabilities to send recurring on-chain payments to different Solana members from a secure multisig.

Being a web3 native company, making payments to contractors or keeping track of marketing expenses is even more challenging if vendors prefer to be paid in USDC SPL. Snowflake provides a great mechanism for customers like Notifi to “Set it and forget it” from a recurring payment.

“Snowflake Safe‘s clean UI makes it incredibly easy to schedule future on-chain transactions and clearly see when they next occur” — Paul Kim, Notifi CEO

To compliment these payment types, there is also a transactions dashboard where users are able to easily see when the next payment is due, how much is going to be send, and a list of all successful transactions. Further, the owners are able to see who has approved the payment and how many more payments are remaining. This greatly simplifies on-chain Solana operations for users and teams.

What’s next for Notifi and Snowflake

The most common feature request is how can users receive notifications when changes occur to their Solana multisig. Notifications may be for when a payment has been complete, approval is require or when an owner has create a new transaction. Notifi and Snowflake are partnering together to bring embedded notifications to the most feature rich multisig product to Solana, so users can receive real-time notifications from their Safe.

About Notifi

Notifi is Twilio for Web3. Notifi simplifies communication across all Web3 messaging channels. The Notifi platform is design with simple APIs for easy integration, customizable, and advanced features for dApps and Web3 applications. In sum, Notifi empowers developers to better engage with their users via multichannel communications.

Website | Twitter

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

SOURCE

https://medium.com/@snowflake_so/notifi-multisig-case-study-d7c4fd8874cf

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Partnership Details

Through this partnership between Solend with Snowflake, both platforms are building a first-class multisig experience for Solana. Users can now earn yields on their funds directly from a secure multisig using Snowflake Safe with Solend.

Solend partnerships with Snowflake Network will give its users and teams the ability to earn yields on their funds directly from a secure multisig. Moreover, future integrations for direct deposits and borrowing are in progress.

SnowFlake Background

To begin with, Snowflake is the first multisig platform on Solana directly integrated with Solend. Through their app store, teams will be able to select Solend to deposit funds into the reserve and mint cToken. cTokens are a yield-bearing deposit receipt, which means they are tradeable whilst also earning interest on the underlying token.

Furthermore, this opens the door for a whole new platform for teams and large investors, who are looking to lend and earn interest from their funds on-chain but want to ensure they can do so safely and securely via multisig support.

Integration

In other words, Solend integration through Snowflake Safe is available today on Solana Mainnet. When using the Solend application through Snowflake Safe, you will have the option to mint or redeemt cTokens on Solend. Before you submit the transaction, you will be able to view the changes to total amount of the underlying tokens in the Safe.

Automatic Invest

With Snowflake Safe automation capability, you can set this up in just a few clicks.

About Solend

Solend is an algorithmic, decentralized protocol for lending and borrowing on Solana. Lending and borrowing have proven themselves to be key in a DeFi ecosystem.

 Website | Twitter

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

SOURCE

https://medium.com/@snowflake_so/partnership-announcement-solend-snowflake-7bea21fae204

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