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

Welcome to Loopring DAO, Phase 2✨

In this phase we are enhancing the transparency and community autonomy as well as proposing new tokenomics, aimed at boosting LRC utility + enhancing the incentives for users to take part in the Loopring L2 ecosystem💙👇
https://t.co/U1lO6gpMiD

Welcome to Loopring DAO, Phase 2.