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

LRC will pump once crypto pumps. Its all just following the big players/markets. However, this is no shitcoin with no utility.