Unveiling the long awaited Light Bridge on Boba Network!
TL;DR: The Light Bridge is an easy, fast, and cheap bridging solution that quickly gets your funds to your destination chain.
After careful consideration, the Light Bridge was developed as a Boba Network feature to improve upon user experience and interface. A centralized version that offers users an alternative method to bridge funds, bypassing the challenge period of 7 days, leaving L2, and bringing cost efficiency to the user.
Users will be able to bridge between L2s and Boba L2s and Layer 1s with the following routes available:
$BOBA Token
- BOBA BNB Mainnet ↔ BNB Mainnet
- BOBA BNB Mainnet ↔ BOBA ETH Mainnet
- ETH Mainnet ↔ BOBA ETH Mainnet
- BOBA ETH Mainnet ↔ BNB Mainnet
$BNB
- BOBA BNB Mainnet ↔ BNB Mainnet
$ETH
- Arbitrum Mainnet → BOBA ETH Mainnet
- Optimism Mainnet → BOBA ETH Mainnet
- ETH Mainnet ↔ BOBA ETH Mainnet
Certain limit caps are coded in the smart contracts for bridge functionality:
ETH/BNB
- Minimum Amount to be bridged: 0.01 ETH | BNB
- Maximum Amount to be bridged: 2 ETH | BNB
- Max Daily Amount (overall, not user dependent): 6 ETH | BNB
BOBA
- Minimum Amount to be bridged: 20 $BOBA
- Maximum Amount to be bridged: 20,000 $BOBA
- Max Daily Amount (overall, not user dependent): 40,000 $BOBA
How — To Guide:
- Connect your wallet.
- Click on the “Light” button to use the Light Bridge.
- Choose your origin chain and destination chain.
- Select the fund you want to bridge: $BOBA, $ETH, or $BNB
- Enter Amount to bridge.
- Click “Bridge” then “Confirm”
- You are done! Just wait for your funds to appear in your destination chain!
Disclaimer: Users will be able to directly deposit from Arbitrum and Optimism into the Boba Network but not the other way around. There will not be a bridge liquidity deposit function as the liquidity is provided by the foundation. The daily limits for withdrawals and deposits are to be monitored and updated as required.