Its Biconomy coin that purely deals with decentralized protocol but listed on centralized exchange for trading.
Biconomy is a decentralized protocol that operates as a multichain relayer network. Biconomy aims to enhance the efficiency of transactions within the web3 environment. Biconomy was successfully launched in the fall/winter of 2021. The protocol was first released for use and implementation along the Ethereum blockchain network but is positioned to operate on multiple blockchain networks as a layer-2 solution atop existing blockchains.
Biconomy seeks to limit and even eliminate gas fees in some instances. The protocol likens the Web2 internet to Web3, and expresses that individuals should be able to navigate the Web3 environment more seamlessly, without the need to pay for gas or transactions. For this reason, the Biconomy protocol exists and helps provide gateways that are said to dramatically reduce or altogether eliminate fees associated with moving on any blockchain, primarily to use dApps made available to network participants. Biconomy reports being able to reduce gas fees by up to around 40%. #Biconomy $BICO