OolongSwap, Largest DEX on Boba, now Supporting Lending through Ola Finance
After much hard work, we are thrilled to announce our debut launch on Boba Network with our partners OolongSwap, the largest DEX on Boba. This launch signals Ola’s first deployment on a Layer 2 network and has received the support of Boba’s team through their WAGMI incentive program.
OolongSwap is the liquidity hub of Boba Network, offering all the functionalities of a DeFi hub in a safe, smooth, and fun manner. On OolongSwap, users can participate in lending/borrowing, auto-compound staking, high-interest bonding, yield farming, and of course trading with the best rates and deepest liquidity on Boba. This list will continue to grow as OolongSwap hits items in its Road Map ahead. Oolong offers an easy onramp for both new and experienced DeFi users transacting on Boba.
OolongSwap Lending Network
The Oolong Lending Network offers support for the following assets, with the designated parameters:
Meet Boba Network
Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts. Boba offers fast exits backed by community-driven liquidity pools, shrinking the Optimistic Rollup exit period from seven days to only a few minutes, while giving LPs incentivized yield farming opportunities. Boba is an L2 Ethereum scaling & augmenting solution built by the Enya team as core contributors to the OMG Foundation.