Loopring Wallet
ValidatedDeFi
Wallet
LRC$0.14128+5.58% ↑
Ethereum Smart Contract Wallet
- 339 Followers339 Followers
- 162 Likes162 Likes
About Loopring Wallet
Loopring is your mobile gateway to Ethereum, enabling you to easily trade, swap, collect, stake, and invest without the costly gas fees.
Loopring Wallet is a non-custodial Ethereum smart wallet that leverages zkRollup technology to provide a secure, fast, and cost-effective platform for managing and trading digital assets. The wallet integrates with the Loopring decentralized exchange (DEX), allowing users to perform high-speed trades without the high gas fees typically associated with Ethereum transactions. Loopring Wallet's mission is to simplify access to decentralized finance (DeFi) and offer a user-friendly interface that caters to both novice and experienced users.
The wallet's unique selling point is its use of zkRollup technology, which aggregates multiple transactions into a single batch to significantly reduce gas fees while maintaining Ethereum's security standards. This makes Loopring Wallet an attractive option for users looking to maximize efficiency and minimize costs in their DeFi activities.
Loopring Wallet Magic Store Validation Score
See Results ››Loopring Wallet Review Score by Real Users
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LRC Token Price Chart (Real Time)
Token Statistics
- Market Cap$175,681,271.00
- Volume$17,443,405.00
- Circulating Supply1,245,991,468.942
- Max Supply1,374,513,896
- FDMC$193,712,261
About Loopring Token
Loopring (LRC) is an ERC-20 token integral to the Loopring ecosystem, primarily facilitating decentralized trading. The token serves several key purposes, including transaction fee discounts on the Loopring DEX, staking for enhanced liquidity and security, and participating in the protocol's governance. LRC's value is tied to the performance and adoption of the Loopring protocol, which leverages zkRollup technology to offer high-speed, low-cost, and secure transactions on the Ethereum blockchain.
The zkRollup technology allows Loopring to batch multiple transactions into a single one, significantly reducing gas fees while maintaining the security guarantees of the Ethereum mainnet. This technology positions Loopring as a leader in Layer 2 solutions, enhancing the scalability and usability of decentralized applications (dApps).
LRC is listed on major exchanges such as Binance, Coinbase, and Kraken, making it accessible for trading and investment. The tokenomics of LRC involve a deflationary model, where a portion of the transaction fees is burned, reducing the total supply over time and potentially increasing the token's value.
Loopring Wallet Magic Store Trust Score
- Audit Score
- 1No. Of. Audits
- HighScore
- Security Validators Score
- 31.01.2024Validation Date
Loopring Wallet User Trust Reviews
Loopring Wallet FAQ
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