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

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There are many ways $LRC is used in the Loopring Ecosystem:

🔹pay fees (up to 20% off w/ LRC)
🔹purchase a custom ENS + NFTs w/ LRC
🔹participate in liquidity provision (AMMs)
🔹stack to earn trading discounts (VIP levels)
🔹stake to earn protocol fees
🔔referral commissions (soon™)

We're always working on new ways to increase the utility of Loopring's native token (LRC) - if you have suggestions, tell us🗣️👇

There are many ways $LRC is used in the Loopring Ecosystem:. pay fees (up to 20% off w/ LRC).

CEX liquidity from the security of your self-custodial wallet w/...

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If you want to learn more about what Block Trade is all about, you can check our new explainer video - now up on our YouTube cha

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