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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OP, you truly need to DYOR. This thread is chock full of ridiculous responses. Not sure why your post brought out so many truly illogical, and arguably stupid, replies.
You may want to start backwards, with the recent “Loopring Repositioning” blog post: (https://medium.com/loopring-protocol/the-new-multi-network-loopring-looprings-evolution-repositioning-3526d7c11173)
You may find it helpful to go further back to the latest quarterly report (https://medium.com/loopring-protocol/loopring-quarterly-update-q3-2023-34f30b88f2de)
You might also consider reviewing Byron’s summary of a recent community call. The call was supposed to be recorded, but there were technical difficulties realized after the fact. (https://medium.com/loopring-protocol/loopring-community-call-1-b9560c6f0977)