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

ICYMI📢

"Phase 2 [of L2 DeFi Port] will be introducing even greater functionality to Loopring L2 users, potentially including lending, margin trading, additional asset staking options, and much more!"💙

Read more from our latest Q3 update here👇
https://t.co/gGWTYUKAlX

ICYMI.