SAKE Partners with Boba Network

About Boba

Boba is an Ethereum Virtual Machine (EVM) compatible Layer 2 Optimistic Rollup that helps Ethereum smart contracts scale while delivering a delightful user experience. Boba enables Ethereum developers to build dApps that trigger code running on web-scale infrastructure such as AWS Lambda, making it possible to leverage sophisticated algorithms that are either far too expensive, far too slow, or practically impossible to execute on-chain.

About Enya

Founded by Stanford faculty and alumni, Enya pioneered decentralized privacy and became the largest provider of secure multiparty computation services, serving more than 10 million users across 91 countries. Enya creates decentralized infrastructure solutions that serve the next billion users, leading with Boba Network. Boba is an Ethereum Layer 2 solution that scales and augments Ethereum, helping developers deliver a more delightful and inclusive user experience. Enya is a core contributor to OMG Foundation.

About SAKE

SAKE is a transaction-driven decentralized perpetual contract and spot trading protocol. SakePerp.fi is the first on-chain perpetual contract platform with a dynamic AMM market maker mechanism that supports single asset collateralization for liquidity providers. Liquidity providers provide trading depth for both long and short traders and earn the value of the platform net position by managing positions. Liquidity providers also can make profits by funding fees and hedging. SakePerp.fi supports DeFi Arbitrage Mining and LP Market Making Mining. 50% of the transaction fees are used to buy-back SAKE tokens and keep them as insurance funds.

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