Hello, Zuko here.
I’m leading strategy at Boba Network, an L2 Ethereum scaling & augmenting solution. Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts through hybrid compute. Boba offers fast exits backed by community-driven liquidity pools, shrinking the Optimistic Rollup exit period from seven days to only a few minutes, while giving liquidity providers yield farming opportunities.
Boba is built by the Enya AI team. We’re an international team that’s been in crypto for years, and passionate about making the web3 vision a reality.
We’re building Boba in a way that puts our users and developers first. Our goal is to build a pragmatic L2 that is the first step towards opening Ethereum to reach billions of users. We’ve already announced partnerships with Dodo and Coin98 Wallet (note the initial focus on Asian markets), and have many of the best DeFi projects coming our way (alpha leak).
We’re long-time fans of both the Terra ecosystem and team, and would love to be able to grow the ecosystem with our efforts. We believe in a multi-chain future and growing the pie by making crypto accessible to all. Boba Network would be thrilled to see major UST adoption on our L2. As my uncle Iroh might say (Avatar reference to those unfamiliar), we’d like to invite the Terrans and Lunatics to a nice bubble tea
A few ideas we had are:
- We’re bringing on a stableswap partner to Boba. Similar to the LUNA rewards for the 3-pool on Mercurial Finance in the Solana ecosystem, we could do the same with triple liquidity mining incentives (LUNA, plus our and the stable swap token).
- Integrating Boba on the Terra Shuttle Bridge, making Anchor available on Boba, TFL support for vetted projects building UST on Boba, hackathon collaborations; similar to Terra’s partnership with Harmony.
- Provide native support for UST on our fast exit bridge.
This would only be the start - we see Terra and TeFi as a cornerstone within crypto for decades to come, and want to start building the relationship between our communities now.
Thanks for taking the time to read my proposal! Feedback encouraged.