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Ash
Investing at @Signum_Capital | Apeing internet ponzis | TG: @ahboyash

Nov 20, 2021, 10 tweets

1/ One of the biggest drawbacks of using Optimistic rollups is the 7 day withdrawal delay when using native bridges.

@bobanetwork decided to build their own bridge that only takes ~10 mins to withdraw from L2 back to the mainnet.

A guide on how to onboard to Boba Network 🧋

2/ Introduction
@bobanetwork is an Ethereum Layer 2 Optimistic Rollup scaling solution that claims to help:
• reduce gas fees
• improve transaction throughput
• extends the capabilities of smart contracts
• reduce 7 day withdrawal delay to a couple of minutes

3/ Add Boba Network to Metamask
a) Manual input
Network Name: Boba L2
New RPC URL: mainnet.boba.network
ChainID: 288
Symbol: ET
Block Explorer URL: blockexplorer.boba.network

or

b) Visit chainlist.xyz to add the Boba Mainnet network directly into Metamask

4/ Bridge
a) Native bridge (gateway.boba.network)
• Connect via Metamask on mainnnet
• Click on Wallet on the menu bar on the left
• Click 'Bridge' next to the desired token you want to bridge
• Enter amount you want to bridge across

4/ Bridge
b) Alternatively, use @SynapseProtocol bridge which now supports stables (DAI, USDC, USDT)

5/ Tools
a) Chain explorer: blockexplorer.boba.network 🔍

b) Guides: docs.boba.network/user-docs 📚

c) Charts: l2charts.com 📈

d) TVL: defillama.com/chain/Boba 💰

e) Farms: vfat.tools/boba/ 🧑‍🌾

f) Portfolio: debank.com/projects/boba_… 👜

6/ Dapps
a) DEXes
@oolongswap
@senpaiswap by @0xKhun

b) Farms
@oolongswap
@autofarmnetwork

c) Meme coins
@BobaDoge

7/ Updates
a) $BOBA Airdrop: those who held $OMG tokens before the snapshot was taken can now claim their $BOBA tokens at gateway.boba.network

b) Boba flippening Optimism's TVL:

8/ Personal thoughts
• Transactions fees: slightly higher than what is seen on @arbitrum or @optimismPBC (~ $5-7)

• The airdrop was a good way to create hype for network and get people to bridge over to the L2 to get more allocation

• Boba always resonates with us Asians 🧋

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