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      Biconomy(BICO) New Listing on Kucoin

      https://s1.coincarp.com/logo/1/biconomy.png?style=36&v=1637889384's logo Biconomy(BICO)
      $0.2877
      3.08%
      Listing

      KuCoin is extremely proud to announce yet another great project coming to our trading platform. Biconomy (BICO) will be available on KuCoin. Supported trading pair is BICO/USDT.

      Please take note of the following schedule:

      • Deposits Effective Immediately (Supported Network: ERC20)
      • Trading: 09:00 on March 25, 2022 (UTC)
      • Withdrawals: 09:00 on March 25, 2022 (UTC)

      Tags: Platform, Interoperability

      Biconomy (BICO) Project Summary

      Biconomy aims to reduce the entry barrier for developers building on Web 3 by providing a plug-and-play relayer infrastructure to developers. The current products include a meta-transaction middleware through which dApp users can delegate gas fee payment to the service provider and a cross-chain bridge.

      BICO is the native token of the project. The current use cases for BICO include:

      Network fee: In order for users to add any information on the chain, they will need to pay a transaction fee in BICO.

      Staking: Relayers need to stake BICO to become a relayer and they get rewards for relaying the transactions correctly. Users can delegate their tokens to relayers as well.

      Governance: BICO holders can propose and vote for decisions such as changes to the network’s code, adding additional services, or decisions regarding the disbursement of its treasury funds.

      Official Website: https://www.biconomy.io/


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