???? The Competitive Advantage of Layer 2: Boba Network

Join Us and Get Ready for the New Era of Financial Primitives with Boba Network.

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DeFi Slate Fam:

A terrific week at Permissionless! Waves of founders, builders, and innovators came together to show support for the next era of blockchain. Over the past 5 years, most TradFi primitives have seen deployments on-chain. The result is a parallel economy we know and love as DeFi.

What comes next is a new era of financial primitives. Market saturation is currently pushing available blockspace to its limits. Alternative Layer 1s have created new blockspace at the expense of security. The key to unlocking an era of new financial primitives is increasing the capacity of secure blockspace.

Enter Boba Network. Boba is a Layer 2 leveraging Ethereum settlement to increase throughput without sacrificing security. The invention of Hybrid-Compute enables Boba builders to deliver off-chain data directly to contracts on-chain.

Check out the implications of Boba Network scalability in the video w Boba Founder Alain Chiu


???? Together with:

Composable leverage protocol. Open a Credit Account & get 15%+ with DeFi-native leverage; or earn passive lending APY with no stress ???? Here


It’s officially time to start testing the first version of Synonym. Break things, provide feedback, and of course, get rewarded.???????? Here

Off-chain governance. On-chain execution. Optimistically execute governance transactions on-chain where your community can approve them. Check it out Here!

⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.


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About the author: We help you explore DeFi onchain w/ foolproof education & relevant research to give you an edge. Focused on L2s. Scaling to mass adoption one block at a time????

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