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The Boba Network team will launch a Layer 2 (L2) scaling solution on the Avalanche network. This was reported to ForkLog by representatives of the project.
According to them, developers will have access to the Hybrid Compute and Boba’s own NFT bridge. The latter will provide a “smooth transfer” of non-fungible tokens between L1 and L2.
“By integrating into additional networks, Boba opens up new opportunities […]giving our talented developers another way to make dapps cheap, fast, and scalable,” said Luigi D’Onorio Demeo, head of DeFi at Ava Labs.
According to the post, deploying the solution in Avalanche includes P2E-EvoVerses project as a dapp launch partner.
What is a second layer solution (Layer 2) in blockchain?
Boba Network developers raised $45 million in April at a $1.5 billion valuation.
At the time of writing, the platform’s TVL is $28.63 million.
Recall that in September, the DeFi protocol Sushi announced plans to deploy its products on the Boba Network.
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