Boba Network Supports Proof-of-Stake Network Avalanche

On Wednesday, the team behind the layer two scaling project Boba Network announced Boba AVAX L2. According to Boba, the business is ready to announce its official collaboration with Avalanche as a scaling solution. Avalanche provides quick speeds, affordable prices, and environmentally responsible solutions. Boba AVAX L2 upholds and further enhances these characteristics. 1/ We’re over the slopes to announce our partnership as an official scaling solution for @avalancheavax 🌟 Avalanche offers blazing fast speeds, low costs, and eco-friendly solutions: Boba AVAX L2 holds true to those values and enhances it further! pic.twitter.com/hhj5wrCIll — Boba Network 🧋 x 🔺 (@bobanetwork) September 21, 2022 Boba Linked to Ethereum Network According to l2fees.info statistics, Boba’s fee to shift Ether is $0.17, and the expected cost to swap tokens is $0.30. Boba is linked to the Ethereum (ETH) network. The gas monitoring tool on etherscan.io indicates that this is less expensive than the current 34 gwei ($0.96) for sending Ether onchain. Boba’s $0.30 cost to swap is 96.4% cheaper than the average high-priority decentralized exchange (DEX) swap, which may cost $8.47 per transaction onchain. Boba AVAX L2 For Heavy Transactions Boba Network stated on Wednesday that Boba AVAX L2 is designed for all heavy transactions, throughout-reliant protocols, and for everyone seeking to be a part of the future generation. The organization continued by ...