It runs on the bitcoin Liquid sidenet, although it is also available on Ethereum. However, the main benefits of using this service is that they have an additional layer of privacy and security, with low fees in addition to transactions verified in a couple of minutes.
In general, this is a token that has the support of the small exchange of the same name, not only has it created this asset for financing, it also has features that may interest some users who usually use this exchange. It was initially launched on the Liquid / bitcoin network as an additional layer token. Its usefulness and value depends on the exchange that created it and the holders of this asset.
It has a utility, its value is supported, it has a purpose and most importantly they take its development seriously. (Large amount of documentation available.)
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