Layer2 Solution Boba Network Announces Mainnet Launch and Upcoming Governance Token Release $BOBA

TokenInsight news, Boba Network, an Ethereum Layer2 solution, has announced the launch of its mainnet, the Layer 2 Optimistic Rollup, which Boba hopes will reduce gas costs, increase throughput, and expand DeFi and NFT capabilities. In addition, OMG Foundation will also release a new $BOBA token to support decentralized governance of the network. Boba Network is renamed from the original OMG Network and $OMG holders will receive a $BOBA drop, but no more information has been disclosed on the exact snapshot time and allocation.
Source

Layer 2

In This Article

Related News
Paradigm Criticized Blast's Strategy as "Cross Lines in Both Messaging and Execution" Paradigm Criticized Blast's Strategy as "Cross Lines in Both Messaging and Execution"
Blur Founder's L2 Network Blast Raises $20M, Backed by Paradigm Blur Founder's L2 Network Blast Raises $20M, Backed by Paradigm
Arbitrum's Proposal for $ARB Staking Rewards Poised for Approval Arbitrum's Proposal for $ARB Staking Rewards Poised for Approval
Starknet to Distribute 50M $STRK Tokens to Early Contributors Starknet to Distribute 50M $STRK Tokens to Early Contributors
Matter Labs Proposes Deployment of $wstETH on zkSync Era Matter Labs Proposes Deployment of $wstETH on zkSync Era
Latest News More More
1 Day Ago Botanix Labs Launches EVM-equivalent Bitcoin Layer 2
1 Day Ago AntPool Agrees to Refund Accidental $3 Million Bitcoin Transaction Fee
1 Day Ago MicroStrategy Purchased 16,130 Additional Bitcoins, Plans to Raise $750M Through Stock Sale
1 Day Ago Bitget Wallet Announced TON Mainnet Integration
2 Days Ago Wormhole Secures $225 Million Funding at $2.5 Billion Valuation
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open