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:

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 1 year ago

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

submitted 1 year ago by Trasanna@alien.top to c/loopring@blockchained.world

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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.

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[–] Chgstery2k@alien.top 1 points 1 year ago

Considering last crypto bull run there was limited uses for loopring at the time. Yet the price still had fluctuations. Who knows what price fluctuations LRC will experience in the next bull run. Considering the technology will be more developed than before.