BOB FAQ
How do I get BOB?
BOB is currently available on Polygon, Optimism, Arbitrum, BNB Chain and Ethereum. BOB can be acquired in several ways outside of the zkBob application.
Sent between users to any 0x address on Polygon, Optimism, Arbitrum, BNB or Ethereum.
Swap tokens for BOB using Metamask.
Instructions
Swap using a DEX or DEX aggregator
Uniswap Instructions
Swap shielded BOB using zkBob and withdraw to an address on Polygon.
Swap and bridge with the Li.Fi widget directly in zkBob or at https://jumper.exchange/
How does BOB remain stable?
BOB token inventory is pre-minted and paired with an existing stable token (multi-collateral, for example USDC and BUSD) on decentralized exchanges featuring concentrated liquidity mechanisms (Uniswap v3, Kyberswap). The ability to set a narrow exchange rate range via ticks and provide concentrated liquidity for the pair results in very limited slippage to the stablecoin peg. Learn More.
Called an inventory LP position, this mechanism maintains BOB stability while providing the option for users to purchase BOB inventory.
To enter the circulating supply, BOB must be purchased from the inventory. Users can then create their own LP positions from this purchased BOB, resulting in additional non-inventory LP positions (BOB/WETH, BOB/GNO etc) within the ecosystem.
How can I view BOB basic stats (tvl, volume etc)?
The easiest way to see stats by chain is through the Uniswap interface. Overviews can also be found on CoinGecko or CoinMarketCap.
Current inventory, circulating supply as well as zkBob details can be viewed here: https://dune.com/zkbob/zkbob
What are the BOB contract details?
BOB token contracts start and end with B0B!
BOB contracts on Polygon:
BOB Token: 0xB0B195aEFA3650A6908f15CdaC7D92F8a5791B0B
BOB Token Implementation: 0x98DB3A72BeF2145A8F8d8B94F81317341Af2b08C
BOB on Ethereum (same addresses):
BOB Token: 0xB0B195aEFA3650A6908f15CdaC7D92F8a5791B0B
BOB Token Implementation: 0x98DB3A72BeF2145A8F8d8B94F81317341Af2b08C
BOB on Optimism (same addresses):
BOB Token: 0xB0B195aEFA3650A6908f15CdaC7D92F8a5791B0B
BOB Token Implementation: 0x98DB3A72BeF2145A8F8d8B94F81317341Af2b08C
BOB on BNB:
BOB Token: 0xB0B195aEFA3650A6908f15CdaC7D92F8a5791B0B
BOB Token Implementation: 0xe0e184e850d24113ad512583b77621e35740befc
BOB on Arbitrum
BOB Token: 0xB0B195aEFA3650A6908f15CdaC7D92F8a5791B0B
BOB Token Implementation:0xe0e184e850d24113ad512583b77621e35740befc
BOB attributes:
ERC20-based fungible token
Upgradeable & Mintable (note upgradeability account and minting account must never be the same account)
Meta-transaction support
EIP677 support for
transferAndCallfunctionalityAddress block list capability (similar to USDC)
Recovery function(s) for lost/mis-sent tokens
How is BOB inventory regulated?
BOB inventory is increased in LP positions currently via a small governance multisig Safe. The goal is to balance inventory supply with demand and usage. Inventory details are described and catalogued here. A larger DAO formation is in the early stages to govern BOB minting, upgradeability and other critical operations moving forward.
Can I earn additional BOB through zkBob or in other ways?
No, not through the protocol itself. BOB stablecoin is designed for utility and low fees. The protocol is able to collect revenue through fee collection and idle-capital compounding. These fees can then create a self-sustaining protocol which subsidizes low cost transactions for users. BOB holders can earn fees in other ways such as providing liquidity to non-inventory LP positions on DEXs like Uniswap, Quickswap and Kyberswap.
What is the BOB public website?
Explore more about BOB at https://bob.zkbob.com/
What is the BOB Governance process?
Overarching BOB governance (including BOB inventory, CDP settings and zkBob updates) are currenlty handled via a governance multi-sig SAFE. This process will be transitioned to a larger BOB DAO following the beta implementation. Information about BOB governance, proposals and decisions is located here.
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