Loopring is a blockchain protocol for Etherium Layer-2, built using zk-rollup. In other words, the company has come up with a system to reduce the commission, accelerate Etherium transactions. Advantages of the protocol: security, low fees for transfers, speed, commission for transfers inside Loopring (Ethereum Layer-2) is less than $1, almost instant transactions.

Loopring news today, LRC crypto latest news of token ticker

Loopring

Drop the gas fees on L1🪄

Just a couple of clicks + you're in the fast lane on L2💙

#L222🌀 https://t.co/53xthMEzt2

To deposit ETH from your Layer 1 to your Layer 2 account 

Connect &gt; Profile menu &gt; Add funds &gt; Deposit ETH from L1 wallet &gt; Enter amount &gt; Confirm &gt; Sign &gt; Wait for L1 to process 😅⌚️ &gt; ETH appears in your Layer 2 account https://t.co/yhsYiAzhyI

Twitter

Drop the gas fees on L1🪄

Just a couple of clicks + you're in the fast lane on L2💙

#L222🌀 https://t.co/53xthMEzt2

To deposit ETH from your Layer 1 to your Layer 2 account 

Connect &gt; Profile menu &gt; Add funds &gt; Deposit ETH from L1 wallet &gt; Enter amount &gt; Confirm &gt; Sign &gt; Wait for L1 to process 😅⌚️ &gt; ETH appears in your Layer 2 account https://t.co/yhsYiAzhyI

Drop the gas fees on L1. Just a couple of clicks + you're in the fast lane on L2. #L222.