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About BOB (Build on Bitcoin)
BOB (Build on Bitcoin) is the native utility and governance token for the BOB network, a hybrid Layer 2 solution that combines the security of Bitcoin with the versatility of Ethereum. The asset functions as a unified gateway for Bitcoin DeFi (BTCFi), enabling users to swap, save, earn, and borrow on Bitcoin rails. BOB utilizes a unique hybrid chain model featuring ZK proofs and Bitcoin finality to provide native rollup bridges and cross-chain liquidity via Bitcoin intents. The token is minted on BOB's hybrid chain and is also represented as an ERC-20 token on Ethereum and BNB Chain.
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