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"Boba Network is excited to announce that the OMG Foundation is launching a new token to support the network. The Boba token ($BOBA) is a governance token for the Boba DAO, and can also be staked for rewards on Boba Network. The $BOBA token will be airdropped to OMG token holders as of the snapshot date of November 12th, 2021 on a 1:1 basis (for every one $OMG, token holders will receive one $BOBA). The airdrop snapshot will take place at the first Ethereum (L1) block with a timestamp greater than or equal to 2021/11/12 00:00 AM (UTC). The airdrop itself will occur one week after the snapshot date, on November 19th, 2021. We will be confirming participating exchanges over the coming weeks; please check the airdrop section below for updates. If you would like to learn more about the $BOBA token including what they are used for, how to obtain them, and details about the supply and distribution, please read on."