1/ Have you noticed an impressive TVL increase on @bobanetwork, which quickly climbed up to #2 on @l2beatcom ? Quick 𧡠on what is this rollup (and what it is not) that you may not have heard about before π 
2/ So, TL/DR is that π§ is an @optimismPBC fork, but with a token, $BOBA. And if you are thinking that the massive and quick TVL increase is due to $BOBA airdrop and liquidity mining, you might be right
3/ They seem to be following @optimismPBC so close, that they upgraded to OVM 2.0 on the 28th of Oct, actually before @optimismPBC did themselves (on 11th of Nov) π€―
4/ Risk profile, given how close they are to their origin, is the same. Main point - right now fraud proofs are entirely disabled as for OVM 2.0 they are still WiP π
5/ The main extra feature is the "native" support for fast exits via liquidity providers. If math on their bridge is correct, you might be able to earn e.g. over 9% APR on supplying ETH. Note very low liquidity on some of the pools though
6/ With @optimismPBC fast exits are obviously also supported, but by third party bridges and providers. The list of available solutions is growing as is the whole ecosystem
7/ We have obviously seen many forks of different projects in the past - the verdict is still out what role forks of major rollups will play in the future. The challenge, as always, is to make liquidity stick and built vibrant ecosystem of DApps. Good luck to π§ π
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
γ
