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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communick@blockchained.world

Is LRC Still Worth the HODL?? (alien.top)

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

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Heyo - been a minute since checking in. Realize this is the most biased place to ask this question, BUT:

given movement in the market, wondering if LRC is worth the hold - or should I quick swap to something with more short term promise. Convince me to stay.

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[–] SomeDumbApe@alien.top 1 points 1 year ago (1 children)

Yes. Ryan Cohen Carl Icahn has something cooking with Overstock Tzero bbby ch11 emergence with 3x companies in dockets with likely shareholder reissue on a blockchain to preserve NOLs eliminate naked shorts utilize the nft marketplace beta. Watch ThePPshow on YouTube

[–] LingonberryAromatic5@alien.top 1 points 1 year ago (1 children)

All speculation and no facts! If your watching the PP show for your information I’m afraid you’ve already lost.

[–] SomeDumbApe@alien.top 1 points 1 year ago (1 children)

Been doing my own dd reading the dockets. Too bad you missed out then. 50 million spent on M&A attorneys to preserve NOLs. Debts eliminated through ch11 reorganization. 10+ billion recently injected capital. Shareholders must retain 50% of the equity to preserve NOLS

https://x.com/phantomblack699/status/1723522156468822092?s=46&t=efQd0KTNiHc611uaAJGLwg

[–] LingonberryAromatic5@alien.top 1 points 1 year ago

I rest my case