Boba Network (BOBA)
1. Fundamental Analysis
1.1 Introduce
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.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | BOBA | Market Cap | 86862231 |
| Name | Boba Network | White Paper | -- |
| Web Site | https://boba.network/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 500000000 | |
| Supply | 500000000 | Release Date | |
| Available Supply | 418815000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Potential for upward trend with consolidation in the short term.
