Dear Biconomy Users,
Biconomy will launch 5 new trading pairs:
Polygon (MATIC), formerly known as the MATIC Network, is an interoperable Layer 2 scale solution for Ethereum-compatible blockchains. Polygon's native cryptocurrency, MATIC, is used for governance, staking, and gas payments. Polygon was developed to address the limitations of Ethereum, including throughput, transaction speed, and lack of community governance. By design, Polygon is a platform built to launch interoperable blockchains. Polygon does this using proof-of-stake checkpoints built on the Ethereum main chain and More Viable Plasma (a variant of the Plasma network).
Official Website: https://polygon.technology/
White paper: https://polygon.technology/
LOOKS is the token powering LooksRare, the community-focused NFT marketplace that actively rewards traders and creators for participating.100% of LooksRare's platform trading fees are earned by LOOKS token stakers: a rewards model created in direct response to the previous generation of NFT marketplaces whose fees mostly reward a single entity.Users earn LOOKS tokens by trading NFTs on LooksRare, staking LOOKS (which also earns WETH fees), and more.LooksRare's trading experience is intuitive for experienced NFT traders, while also providing new and innovative features like collection-wide offers, instant royalty payouts for creators, and flexible purchases using mixed tokens (WETH +ETH).
Official Website: https://looksrare.org/
NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform.
Official Website: https://near.org/
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company. Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
Official Website: https://www.crypto.com/en/chain
White paper: https://www.crypto.com/images/chain_whitepaper.pdf
Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Biconomy will make best efforts to choose high-quality coins, but will not be responsible for your investment losses.
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Biconomy reserves the right to amend or change or cancel this announcement at any time and for any reason in its sole discretion and without notice. The above content is for informational purposes only and Biconomy does not make any recommendation or guarantee for any digital assets, products or promotions on Biconomy. The price of digital assets fluctuates greatly, and there are risks in digital asset transactions.