$0.28
1H
0.06%$0.0002
24H
6.62%$0.0173
7D
26.7%$0.0587
30D
54.8%$0.0988
Boba offers fast exits backed by community-driven liquidity pools, shrinking the Optimistic Rollup exit period from seven days to only a few minutes, while giving LPs incentivized yield farming opportunities.
Boba’s extensible smart contracts will enable developers across the Ethereum ecosystem to build dApps that invoke code executed on web-scale infrastructure such as AWS Lambda, making it possible to use algorithms that are either too expensive or impossible to execute on-chain.
Boba Network aspires to be the People’s L2 that puts users and developers first. The goal is to build a pragmatic L2 that is the first step towards opening Ethereum to the next Billion users. Boba is an L2 Ethereum scaling & augmenting solution built by the Enya team as core contributors to the OMG Foundation.
As the largest DEX platform on the Ethereum blockchain, Uniswap commands as much as $2.36 billion in the total value of assets in the Dapp’s smart contracts, allowing users anywhere in the world to trade crypto without an intermediary.
Boba Network has deployed the first layer-two to BNB Chain, offering enhanced scalability and low fees computation to a top-3 popular blockchain by total value locked.
It is affirmed that the partnerships between both protocols are mutually beneficial, and will notably stir up the evolution of the Avalanche protocol.
Sushi is deploying its products on Boba Network, the first multichain Layer-2 blockchain scaling solution and Hybrid Compute platform.
Boba Network has now entered unicorn status with a valuation more than $1.5 billion from a recent funding round without a lead investor.