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I search for a noncommutative idempotent-less Banach algebra $A$ which is graded by a finite abelian group $G$ such that a nontrivial homogenous element lies in the same connected component as $1_{...

Let $F_{2}$ be the free group with two generators. Then $F_{2}=\{\text{odd words}\}\sqcup\{\text{even words}\}$. This gives us a $Z_{2}$ graded structure for $C^{*}_{red} (F_{2})$, in a natural way. ...