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Easily convert BICO to EIGEN with ConvertOnline's efficient tool.
Biconomy (BICO) is a layer-2 scaling solution designed to enhance the user experience in decentralized applications (dApps) by simplifying transaction processes. It aims to eliminate the complexities associated with blockchain interactions, enabling users to transact seamlessly across various networks without the need for extensive crypto knowledge.
EigenLayer (EIGEN) is a decentralized protocol built on Ethereum that allows users to leverage their staked assets to secure additional services and applications. By utilizing a novel mechanism called 're-staking,' EigenLayer enables Ethereum validators to extend their security to various layers and projects, enhancing the overall ecosystem's efficiency and reducing the need for redundant capital.