Site Palette is a browser extension that generates color palettes from websites, making it a valuable tool for designers and frontend developers. The extension has a seamless user experience and allows you to quickly and easily create beautiful color schemes for your projects. New features in version 2.0 include improved user authentication and account management, enhanced palette management functions, integration with Google Art Palette, the ability to share palettes via links, and support for Adobe Swatch and SVG format. The update also includes a cleaner interface, improved payment processing, and bug fixes for better performance and stability.