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Easily convert BICO to UMA 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.
UMA (Universal Market Access) is a decentralized protocol that enables the creation and trading of synthetic assets on the Ethereum blockchain. By leveraging smart contracts, UMA allows users to gain exposure to a wide range of assets without the need for traditional intermediaries, facilitating greater accessibility in the financial markets.