Boba Network Profile (BOBA)
Project Safety Score
Tue, Mar 26, 2024 9:15 AM
| Market Cap | $22,945,434.8 | |
| Market Dominance | 0.0019 | |
| 24hr Volume | $2,125,513.13 | |
| Price | $0.1337 |
Boba Network
token
Ethereum
Boba is an L2 Ethereum scaling & augmenting solution built by the Enya team as core contributors to the OMG Foundation. Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. 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. We’re building Boba in a way that puts our users and developers first. Our goal is to build a pragmatic L2 that is the first step towards opening Ethereum to the next Billion users. Join us on our mission and help grow the community.
Read more in the whitepaper:- Layer 2
- Layer 2 (l2)
- Ethereum Ecosystem
- Smart Contract Platform
- Ethereum
- Ethereum
- no features
- exchanges not submitted
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