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 11 months ago

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

submitted 10 months 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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[–] redhead_instead@alien.top 1 points 10 months ago (1 children)

True that. When IMX announced their GameStop partnership those nuggets released a tonne of tokens and tanked the price right after its initial rise.

As I understand it, there’s little to no chance of LRC doing that. But then I don’t understand much, I just like my big old LRC baggie.

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

Just depends if that crook Wang decides to sell into any price increases, which I’m guessing he will.