$BOBA Token is Now Trading

Palo Alto, CA – November 18, 2021
Boba Network is thrilled to announce that the $BOBA token airdrop is officially live. Following the November 12th snapshot date, $BOBA has now been airdropped to qualified $OMG token holders on a 1:1 basis.
  • The fundamentals of the $BOBA token, launched by OMG Foundation, stem from a mission of fostering decentralization and community-focused governance. Token holders will be eligible to submit proposals and delegate votes for proposals on the Boba DAO in accordance with the governance guidelines. To participate in the Boba DAO, which will go live in the next several weeks, users can check out the Boba Gateway. $BOBA holders also have the opportunity to stake their tokens to receive a portion of the transaction fees through an on-chain distribution governed by the community, thus contributing to Boba Network’s continuous growth.  

    “This is a momentous day for the Boba community and we couldn’t be more excited for the support we’ve received up to this point,” said Alan Chiu, Founder of Boba Network. “$BOBA token holders now have a variety of opportunities to be an active participant of the network, making Boba truly the people’s Ethereum Layer 2 scaling solution.” 

    FTX (FTX.com, FTX Pro) has already started trading the $BOBA token and its perpetual futures. Other exchanges will be listing the new token in coming days and weeks, including Bitfinex, BitMart, Poloniex, and many others. Additional exchanges that supported the airdrop include: Binance, Binance.US, Crypto.com, Upbit, Huobi, Hanbitco, MEXC Global, Gate.io, BigONE, AEX, GMO Coin, bitbank, Coinone, korbit, bithumb, bitkub, Bitstamp, BitMart, WOO Network, Poloniex, Coincheck, OKEx, and GOPAX.

    Any $OMG holders with non-custodial wallets on the Ethereum network, at the time of the snapshot, may claim their $BOBA tokens for up to one year following today’s airdrop by bridging their $OMG tokens to the Boba Network.

    For more information about the airdrop, visit boba.network/airdrop/.
  • About Boba

    Boba is an Ethereum Virtual Machine (EVM) equivalent Layer 2 Optimistic Rollup that helps Ethereum smart contracts scale while delivering a delightful user experience. Boba enables Ethereum developers to build dApps that trigger code running on web-scale infrastructure such as AWS Lambda, making it possible to leverage sophisticated algorithms that are either far too expensive, far too slow, or practically impossible to execute on-chain.