Boba Network is a layer-2 scaling solution that utilizes rollup technology to enhance blockchain communication. It is compatible with EVM-based tools and offers multichain support for Avalanche, BNB, Moonbeam, and Fantom. Transactions on Boba Network are lightning-fast with significantly lower fees compared to layer-1 solutions. The network is powered by Hybrid Compute technology, allowing developers to leverage off-chain compute and real-world data for enriched decentralized applications.

$BOBA will serve as the governance token for the Boba DAO, which will oversee community initiatives and provide direction for the network's future. Each $BOBA holder will have voting rights equivalent to the number of tokens they stake on Boba Network. Token holders can submit proposals, vote, and delegate votes for proposals based on the governance guidelines of the DAO.