Loopring

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A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.

DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.

Ongoing projects led by Loopring:

founded 10 months ago
MODERATORS
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As per another post, I also find it strange that the price of Loopring isn't moving with Bitcoin as it has done previously, would be interested to know what peoples thoughts were

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Bitcoin over 40k now and we’re still at the same spot from when bitcoin was 30k. This is a joke. At this rate, we won’t even hit 30 cents by the time bitcoin hits 100k.

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Social recovery is nice and all, I liked the wallet… but does anyone else remember when Loopring got ddos’d or something a while back and the Loopring app wouldn’t load or respond to anything?

Really opened my eyes about it, if the app goes down, so does your wallet. Shortly after that, I moved my coins to my ledger to access Loopring L2 after that, and eventually I left the Loopring ecosystem altogether

P.s. yes. I know if Loopring L2 goes down then you can force withdraw to L1. I’m specifically talking about the Loopring mobile wallet app, because you can’t force withdraw to an external address if the app is down for whatever reason or it could even get removed from the Apple App Store

So like Loopring L2 using normal eth wallet? Sure

Loopring L2 with smart wallet app? Eh…

No keys to restore elsewhere = not your coins.

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I'm assuming there's not a lot of people trading on Loopring. I'd much rather trade on a DEX simply because Coinbase fees are just too high. Looking at the order book for ETH/USDC and the history, there doesn't seem to be much action.

What do you think? Is anyone in here trading, or just accumulating?

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As of this moment (around 8:30 AM on November 30th), Loopring's DEX is ranked #145 by trading volume in the last 24 hours. How can it increase this and its userbase? What can the company do and what can its existing userbase do? And what is Loopring doing overall?

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I’ve converted this back to US dollars I believe.. what’s the easiest way to transfer this to my bank account?? If it’s even possible

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Just got one today. Who is excited? Byron, thanks?

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Yesterday and today will prove many GME loopring buyers a clear message. You are getting left behind. On crypto rally fronts and on GME rally fronts....so whats left? Indeed nothing. Dont blindly hold to recover your losses when other roads show a better path. GL

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I have LRC staked and I can't seem to unstake it? It's past the hold time period for me to unstake it but it keeps giving me an error saying "An error has occured. Please try again later" ?

Anybody know any fix to this?

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I'm holding poly on an outside wallet can I transfer it to my LRC wallet. Apparently it needs to be upgraded to POLYX and it's expensive to do it the polymesh bridge way any help would be appreciated. Have a good one peps

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I've been trying to offramp to fiat but I'm being told that my contract is being upgraded. I'm given the option of waiting and prompting my guardian or cancelling the upgrade. When I try to cancel the upgrade nothing happens?

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Has anybody else received a special Red packet which contains a NFT. Specifically "The One Ring"?

Obviously this is within the Loopring app, but I haven't heard much about this, and I don't tend to go on the discord.

Many thanks loopers

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I'm trying to get an API key to build on Loopring but stuck on the screen "your contract upgrade is still pending guardian approval"

Both options (wait for upgrade to complete and cancel the upgrade) don't do anything.

Any help?

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So I removed eth from loopring.

Sending back to my layer 1 Metamask.

https://etherscan.io//tx/0x84abe4717d2b922b1e9e3e7736d39386824479fb836bd3e28572c6f4bcf546b0

Its in my wallets "internal transactions" but its not showing as in my wallet, and available for L1 transactions anymore.

How do I get access to my ETH again on layer 1?

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I want to create a new LRC account and don't have clear pros and cons of the 2 solutions.

I like the Website app site, but what about the Android App?

My understanding is that we can't have an address that works on both.

Thanks in advance for your feedback!

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I transfer my L1 loops every week and have for a long time. But for the last few weeks, prob even over a month the cost to transfer to L2 has been more expensive than even the loops I’m trying to send.

Is this a result of activity or something and the volume is too high?

Not going to pretend to be smart enough about this but I’ve been doing this for a very long time and it’s never been this expensive to transfer to L2 for this long a period of time…

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First time trying to e-transfer to banxa but there is no phone number or email to send it to. Confused, might be missing something. Says “send interact e-transfer to:” but there’s only a 4 letter word? Bank obviously won’t send without a email or number. In Canada.

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I made a post on my sub which discusses the future of Gamestop Metaverse and how Loopring will play a role.

Some of you will appreciate it if you have been following Gamestop.

I won't link the post since I'm not sure if its allowed but you can find it on my history.

Happy Thanksgiving, wagmi 🐰

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I’ve been believing in LRC since just before the GME hype. Saw a random Reddit post leaking it and figured why not. Went from .34 to almost $4. Good times right?

Since the crypto winter began I’ve been accumulating LRC slowly over time especially under .20. The discussion question is “What is up with the price action?”

Considering these facts I find it hard to beleive this project is valued so low.

  1. Continuing to Build through the down market
  2. Active community and developers
  3. Its own self custody wallet with attached DEX
  4. Streamlining ETH transactions over multiple projects and blockchains.

Today at last check loopring was #138 by market cap. There are literal scams valued much higher, dead projects. Luna classic is valued higher than LRC. What will it take to see some value added? Is the price being artificially suppressed?

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Looking for the owner to potentially sell this one. Thanks.

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Looking for the owner to potentially sell this one. Thanks.

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