Loopring
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:
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Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
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Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
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Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.
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I feel so angry at myself for buying into this token in 2021 and for continually averaging down as lrc continued to drop. With most alts rising recently, lrc just seems to fluctuate between 21-23 cents. I cant say why this is the case, but we've moved only down. At one time, matic and imx were comparable to lrc in cost and i regret not switching earlier. Sitting on 99.88% loss with no choice but to wait for an exit, if one ever comes. This has been a substantial loss of money and it's very embarrassing to say the least. I can't admit this to my family ever. I hope things turn around, but i'm not holding out any hope. If you've been here for a while you may think the same. This was a bait and switch and we were fooled. Wang dipped right at the top and took top devs to start taiko. Finestone left GME and the wallet launch was a flop and now scrapped by GME and everyday for a year Byron screaming wagmi. First investment I couldn't get out of. Sickening to my stomach really. I hope there's still development happening and i'm wrong. The wallet is updated quite frequently, but why not even at 10 cent increase in token price, something isn't right here.
Lost $42k. Not unrealized. Picking up the pieces slowly and surely.
Don’t let them take more of your money.