ChainLink Token (LINKUSD)

[stockvaper]

Bicononomy Integrates Chainlink Price Feeds to Enable Gas Payments in Various Cryptocurrencies

"Biconomy is thrilled to announce that we are working with Chainlink to integrate Chainlink Price Feeds on the Ethereum and Polygon mainnet, enabling our system to calculate execution fees and rebalance our relayers based on the most accurate, up-to-date, and tamper-proof asset prices. As a multi-chain transaction platform planning to support all major blockchains, Biconomy consistently requires current asset prices so users receive fair market rates when paying for transactions in one cryptocurrency while underlying dApps and blockchain networks get paid in their native asset."


"Unlocking Gas Fee Limitations with Chainlink

"Biconomy is cross-chain transaction infrastructure that simplifies the web 3.0 experience. Our first module is called Gasless — gasless meta-transaction services for dApps that improve the onboarding experience for new users, especially during times of high gas prices. Soon after, we launched another module called Forward — a service for end users to pay dApp gas fees in supported ERC-20 tokens and stablecoins rather than the underlying blockchain cryptocurrency (i.e. ETH or MATIC), massively simplifying transactions for users. Some common examples include:

o Swap tokens on any DEX and pay fees in stablecoins

o Provide liquidity on farming protocols and pay fees in the token being deposited

o Transfer USDT to someone and spend a little extra USDT in fees"

https://medium.com/biconomy/bicononomy-integrates-chainlink-price-feeds-to-enable-gas-payments-in-various-cryptocurrencies-ff814ca7d6c2