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

Introducing: L2 DeFi Port✈️💙

A new mechanism that will allow for Dutch Auctions, Lending, Margin Trading + more to be possible on Loopring’s zkRollup✨

Stay tuned because the possibilities for highly optimized L2s just got a whole lot more interesting👇
https://t.co/cdbbl8sMXU

Introducing: L2 DeFi Port.