Boba Network Announces WAGMI v2 to Boost Ecosystem Growth

WAGMI v2 is the next iteration of the WAGMI incentives program

Palo Alto, CA, March 31, 2022 (GLOBE NEWSWIRE) -- The Boba Network team has announced the upcoming release of WAGMI v2, the next iteration of the WAGMI incentives program, designed to improve BOBA liquidity mining, ecosystem growth, and developer activity.

Since its inception, the WAGMI incentive program has successfully turbocharged growth of the Boba Network, with over 30 projects currently building on the network, leveraging the platform’s ultra-fast transaction times and cheap gas fees.

According to the development team, the goal of WAGMI v2 is to simply offer more rewards for using Boba dApps. As stated by Mr. Alan Chiu, the founder of Boba Network: “We are excited to announce the rollout of WAGMI v2, with which we are implementing goals specific to Boba Network dApps that will ultimately further boost our network’s transaction count. These improvements and upgrades include a massively increased rewards pool, as well as rewards for builders and users of our best dApps, which will be calculated by establishing project-specific KPIs.”

Specifics of the improvements of WAGMI v2 over WAGMI v1 are as follows:

  • Rewards pool increase up to $3 million worth of BOBA, of which $2 million will be for liquidity providers and $1 million as a bonus incentive if total April volumes on OolongSwap hit $25 million.
  • dApp-specific KPIs and range modification that will allow users to earn rewards by providing liquidity, swapping, bridging, trading and more - including prizes, airdrops,...


source: https://www.globenewswire.com/news-release/2022/03/31/2414290/0/en/Boba-Network-Announces-WAGMI-v2-to-Boost-Ecosystem-Growth.html

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