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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“LOoPrInG iS a LoNg tErM pLaY”
Dude, look around at the most recent, common posts on this sub and tell me what you see encouraging in the long term about 8-bit gif NFTs?
separately, Loopring can update the smart wallet all they want, but that doesn’t guarantee the protocol will be meaningfully used and it hasn’t historically. but yeah, marketing’s coming “soon”
People on discord begging to hear from the CEO, but dude doesn’t say a peep. they don’t even have a roadmap ffs. And no, the “forward looking” portions of the rambly quarterly reports are so abstract and nonspecific, they cannot count as a roadmap