autofarm.network
Published in

autofarm.network

Sip Boba Network Rewards with Autofarm!

OMG~ Autofarm has deployed Boba Network as its 10th supported blockchain with new vaults from OolongSwap!

About Boba

The latest network to make a splash in the crypto ecosystem, Boba, is an Ethereum layer 2 scaling and augmenting solution launched by Enya — a leading developer of decentralized infrastructure solutions and largest provider of secure multiparty computation services, serving more than 10 million users across 91 countries.

As a layer 2 solution, Boba offers users a cheaper alternative to Ethereum with its lower gas fees, better transaction throughput and the ability to extend smart contract capabilities. With an ethos to put “users and developers first”, Boba is envisioned to be a pragmatic Layer 2 solution that provides the entryway into Ethereum for the next billion users.

The booming network already boasts a TVL of over USD $300 million and is currently partnered with DODO, AnySwap and Band protocol while the protocol’s native BOBA token is also supported on some leading exchanges such as FTX.

New Vaults

Autofarm is pleased to be introducing 2 new vaults from OolongSwap, the first native AMM on Boba which earns farmers OLO rewards. With Autofarm’s dynamic auto-compounding, earn even more OLO from your assets at the lowest possible cost.

  • WETH-USDC
  • WETH-WBTC

Vault Fee Structure

  • Controller Fee: 6.5%
  • Platform Fee: 0.5%
  • Vault Fee (Revenue shared with BSC single $AUTO vault): 2.5%
  • Deposit Fee: <0.1% on initial capital (One-off)
  • Withdrawal Fee: 0.0%

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
autofarm.network

autofarm.network

2.5K Followers

One-stop DeFi hub with hyper-optimised cross-chain DEX & yield aggregators on 19 EVM-compatible chains