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BOBA token

The Boba Foundation launched its native network token called $BOBA to power BOBA's advanced scaling infrastructure. $BOBA is an Ethereum ERC-20 token that is compatible with all EVM-protocols such as Avalanche, Binance, Moonbeam and much more.

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Utility of BOBA

The goal of $BOBA is to create a new digital token economy where the user, developer and broader crypto
community can be self-sustainable and truly experience the decentralized Web3 vision.
$BOBA supports a variety of utilities.

Gas fee

Gas fee

Network fees on all Boba deployments can be paid in $BOBA or protocol’s native token.

Governance token

Governance token

$BOBA holders can propose community initiatives, infrastructure ideas or vote for the direction of the network's future.

Ecosystem growth

Ecosystem growth

$BOBA is used to fund Boba’s network infrastructure growth with incentives, developer grants and more.

Earn rewards

Earn rewards

$BOBA holders can stake their tokens and receive yield.

Hybrid Compute

Hybrid Compute

Invoking Hybrid Compute within Boba smart contracts will be charged and paid in $BOBA.

Market

Because $BOBA has utility, investors are able to speculate on its value. $BOBA can be traded on a large variety of crypto markets and has the following market statistics.

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Token price

$87M

Token market capitalization

302M

(500M)

Token circulating supply

Token supply and distribution

Fair token distribution is an important part of realizing a decentralized vision. With this in mind, the Boba Foundation decided to airdrop a large amount of the initial tokens to the crypto community. Let’s break-down the numbers.

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Unlock Schedule:

Starting September 20, 2022, 29,979,550 tokens will be unlocked every quarter. The last unlock will take place on June 20, 2025.

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