Boba is an L2 Ethereum scaling and enhancement solution built by the Enya team as a core contributor to the OMG Foundation. Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, increases transaction throughput, and expands the functionality of smart contracts. Boba provides fast exits supported by community-driven liquidity pools, shortening the Optimistic Rollup exit period from 7 days to just minutes, while providing LPs with incentivized yield farming opportunities.
Boba's scalable smart contracts will enable developers across the Ethereum ecosystem to build dApps that invoke code that executes on web-scale infrastructure such as AWS Lambda, making it possible to use algorithms that would be too expensive or impossible to execute on-chain .

BOBA will be used for the governance of Boba DAO, for community initiatives and the future direction of the network. Each BOBA holder will receive one vote for each token they stake on the Boba Network. Token holders will be eligible to submit proposals, vote and delegate voting on the DAO in accordance with governance guidelines.