Loopring

1 readers

1 users here now

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:

Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.

founded 11 months ago

MODERATORS

communick@blockchained.world

Is LRC still a good investment? (alien.top)

submitted 10 months ago by Trasanna@alien.top to c/loopring@blockchained.world

16 comments fedilink hide all child comments

Hello guys. Today I have been investing in Lrc for 3 years. I have a question for you: what are the reasons for considering loopring still a good investment in 2024? Leaving out Gamestop in your opinion does lrc have a real chance of establishing itself as one of the top 20 cryptocurrencies? Are there any new projects in the pipeline? Thank you very much, I haven't been following the situation for a while and I would like to update myself.

you are viewing a single comment's thread
view the rest of the comments

[–] Fatbirdsdontfly69@alien.top 1 points 10 months ago (3 children)

Honestly, no, at first all the hype was with gme and the partnership, the dev team did a rug and went off to do other stuff, now it’s just declining without guidance, sold that bag and since then all it’s done is go down

[–] zionraw@alien.top 1 points 10 months ago

There are a lot of updates in the discord. But yeah a lot less since the "10 quarterly updates" days.

load more comments (2 replies)