The new Ethereum Layer 2 Optimistic Rollup
We are excited to announce that Anyswap has joined hands with Boba Network!
Enya, a leading developer of decentralized infrastructure solutions, recently announced the launch of mainnet beta of Boba Network, its next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts.
Boba reduces gas fees and improves transaction throughput by aggregating transactions in volume while ensuring compatibility with Ethereum. DeFi and NFT applications that are currently cost-prohibitive on Ethereum become affordable on Boba. Boba stands out among Ethereum Layer 2 solutions due to its streamlined exit of crypto assets from Boba to Ethereum, extensible smart contracts, and, soon, decentralized autonomous organization (DAO) governance. Optimizing for user experience, Boba offers fast exits that are backed by community-driven liquidity pools, shrinking the withdrawal period from the conventional seven days to only a few minutes.
In terms of fundamentally new capabilities for the ecosystem, Boba enables Ethereum developers to create smart contracts that trigger code running on web-scale infrastructure such as AWS Lambda, making it possible to leverage sophisticated algorithms that are either far too expensive, far too slow, or practically impossible to execute on-chain. Additionally, the Boba DAO will lay the groundwork for decentralized governance by encouraging the community to propose network enhancements and vote on proposals for improvements to the Boba Network.
Anyswap V3 has been deployed on BOBA testnet successfully! Anyswap will be launched on BOBA mainnet soon~
Anyswap V3 features:
- Non-custodial+MPC: Anyswap doesn’t possess any funds/assets that are owned by an individual, instead, the whole operation process is made by trustless smart contracts and the Anyswap MPC network.
- Native swap: Native swap makes it less complicated to cross-chain swap between native tokens. This can be done without wrapped tokens.
- Multichain Router: This feature allows users to swap between two chains arbitrarily, which reduces fees and makes it easier to move between chains.
We will maintain close cooperation with the Boba team to jointly promote the further development of layer2 solutions.