Loopring
ValidatedDeFi
Trading
LRC$0.13945+0.98% ↑
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
- AntonYes
- HazzakYes
- SergeyWednesdayYes
- berat0625Yes
- victordhareYes
- rt_01Yes
- vabaYes
- MinhkhiemYes
- Max4from6No
- ImbokoYes
- leYes
- IDDQDYes
- mahmutvatanYes
- vietanhxdproNo
- AzanYes
- kayYes
- abu saidYes
- kakwastamYes
- EpiCureYes
Loopring Review Score by Real Users
- 8
- 6
- 1
- 0
- 0
LRC Token Price Chart (Real Time)
Token Statistics
- Market Cap$174,044,145.00
- Volume$26,329,940.00
- Circulating Supply1,245,991,468.942
- Max Supply1,374,513,896
- FDMC$191,907,109
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
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.
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