Loopring
ValidatedDeFi
Trading
LRC$0.13796-0.45% ↓
L2 super app
- 230 Followers230 Followers
- 138 Likes138 Likes
About Loopring
Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security.
Loopring is a decentralized exchange (DEX) protocol built on Ethereum, focusing on providing scalable, high-performance trading and payment solutions. By leveraging zkRollup technology, Loopring aims to offer secure, fast, and low-cost transactions, making decentralized finance (DeFi) more accessible and efficient. The project seeks to combine the benefits of centralized exchanges, such as high throughput and low latency, with the security and transparency of decentralized systems, addressing key issues in the crypto trading ecosystem.
Loopring Magic Store Validation Score
See Results ››Validation Score
4.5Validation Date: -
AntonioYes
HazzakYes
SergeyWednesdayYes
vabaYes
MinhkhiemYes
Max4from6No
leYes
IDDQDYes
mahmutvatanYes
abu saidYes
kakwastamYes
EpiCureYes
Loopring Review Score by Real Users
- 8
- 6
- 1
- 0
- 0
About Loopring Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level securityRead More ››
0 people found this review funny
With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security.Read More ››
0 people found this review funny
Loopring positions itself as an Ethereum Layer 2 (L2) super app, aiming to offer users a DeFi and NFT experience characterized by low fees, high speed, and Ethereum-level security. The platform provides a suite of functionalities that seamlessly allow users to swap, trade, earn, stake, mint, and more within the Ethereum ecosystem. Key features of Loopring include: Low Fees and High Speed: Loopring prioritizes efficiency, offering users a low-fee experience coupled with high transaction speed. This addresses common challenges associated with transaction costs and delays on the Ethereum network. DeFi and NFT Capabilities: The platform covers a broad spectrum of decentralized finance (DeFi) and non-fungible token (NFT) activities. Users can engage in various activities such as swapping, trading, earning, staking, and minting, all within the Loopring ecosystem. Seamless Swapping and Trading: Loopring facilitates smooth and secure swapping and trading of assets, providing users with a user-friendly interface for managing their cryptocurrency portfolios. Staking and Earning: Users can stake their assets and participate in earning opportunities through Loopring, contributing to the platform's comprehensive DeFi functionalities. Ethereum-Level Security: Loopring ensures a high level of security for user transactions, leveraging the robust security features associated with the Ethereum blockchain. Minting and More: Loopring supports minting activities and offers a range of additional features, enhancing its utility as a multifunctional platform. By combining these features, Loopring aims to create an all-encompassing Layer 2 solution that provides users with a seamless, cost-effective, and secure experience for engaging in various decentralized financial and non-fungible token activities within the Ethereum ecosystem. Read More ››
0 people found this review funny
Loopring looks great! Here, a large, solid team, the ideas of the team and the development trend amazed their greatness! We are looking forward to the possibility of your product! Read More ››
0 people found this review funny
About Loopring Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security. Read More ››
0 people found this review funny
There are a lot of projects coming out, this project needs to be sorted out, looked at, studied, maybe it will be useful, so look and decide what and howRead More ››
0 people found this review funny
Looking to provide liquidity, mint/hold/sell NFTs? Loopring is just for you. Loopring has a mobile wallet that is on its way to becoming a super application with many riches. It is really easy to trade with it.Read More ››
0 people found this review funny
Their UI is slick, and it is easy to use, it is simple and clean, my only problem in there is low liquidity and less availability of coins/tokens, may they add more soon.Read More ››
0 people found this review funny
LRC Token Price Chart (Real Time)
Token Statistics
- Market Cap$171,897,131.00
- Volume$11,450,628.00
- Circulating Supply1,245,991,468.942
- Max Supply1,374,513,896
- FDMC$189,539,737
About Loopring Token
The Loopring Coin (LRC) is the utility token of the Loopring protocol, an open-sourced, audited, and non-custodial exchange protocol on the Ethereum blockchain. LRC is used to incentivize liquidity providers, governance participants, and users who interact with the protocol. It allows users to benefit from reduced trading fees and higher liquidity on the Loopring platform. Key features of LRC include:
- Reduced Trading Fees: Users holding LRC can benefit from reduced fees on the Loopring exchange.
- Staking: LRC can be staked to earn rewards and participate in governance decisions.
- Incentives: Liquidity providers are incentivized with LRC for their contributions.
- Governance: LRC holders can participate in protocol governance, voting on key issues and improvements.
LRC is listed on several exchanges, including Binance, Coinbase, and Kraken.
Loopring Magic Store Trust Score
- Audit Score
- 1No. Of. Audits
- HighScore
- Security Validators Score
- 31.01.2024Validation Date
Loopring User Trust Reviews
About Loopring Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security.Read More ››
0 people found this review funny
The L2 super app, Loopring, is an impressive platform that offers numerous benefits for users looking to engage with decentralized finance (DeFi) and non-fungible token (NFT) markets. With its focus on scalability, security, and user experience, Loopring has managed to create a seamless environment where traders can access various DEXs and NFT marketplaces in one place. One of the standout features is the Ring Mining mechanism that incentivizes users for providing liquidity by rewarding them with LRC tokens. This encourages active participation from the community, leading to a more robust ecosystem. Additionally, Loopring's zero-knowledge rollup technology ensures faster transaction speeds and lower fees compared to other platforms in the market. The user interface is designed for ease of use, making it accessible even for those who are new to cryptocurrency trading or NFT collecting. The platform also supports multiple chains such as Ethereum, Polygon, and zkSync, providing users with a diverse range of options when choosing their preferred blockchain network. In summary, Loopring is an innovative L2 super app that offers unparalleled benefits to its users in terms of speed, security, and user experience. Its focus on decentralization ensures that it remains resilient against potential attacks or issues within the cryptocurrency market. I highly recommend giving this platform a try for anyone interested in exploring DeFi and NFT markets with confidence and ease.Read More ››
0 people found this review funny
Loopring looks great! Here, a large, solid team, the ideas of the team and the development trend amazed their greatness! We are looking forward to the possibility of your product! Read More ››
0 people found this review funny
A Web3 affiliate network within Magic Square, allowing you to earn commissions by promoting apps and games from the Magic Store. This program benefits both developers, by increasing app visibility, and users, by offering them a way to earn through referrals, enhancing the traditional affiliate marketing model with the innovative features of Web3 technology.Read More ››
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Loopring FAQ
zkRollup technology is a Layer 2 scaling solution that bundles multiple transactions into a single transaction, reducing gas fees and increasing transaction throughput. This technology benefits Loopring users by providing faster and cheaper transactions while maintaining the security of the Ethereum network.
Loopring ensures the security of user funds by utilizing smart contracts to manage all trades and transactions. This decentralized approach eliminates the risk of centralized exchange hacks, as users retain control of their funds throughout the trading process.
The primary use cases for Loopring's LRC token include staking for fee discounts, participating in the governance of the protocol, and providing liquidity on the Loopring Exchange. The token also serves as an essential component for operating and maintaining the Loopring ecosystem.
Yes, you can stake your LRC tokens on Loopring. Staking LRC provides several benefits, including reduced trading fees, participation in governance decisions, and earning rewards from the protocol's operations.