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LRC token

We’re happy to announce we now list Loopring

📈Spot trading of LRC/USDT live

What is  Loopring?

Loopring creates protocols and systems for the future of decentralized finance (DeFi). Building on Ethereum, Loopring’s layer 2 solutions include DEXs (Decentralized Exchanges), and integrated mobile wallet, as well as swapping, liquidity and payment platforms. 

Thanks to their best-in-class zkRollup technology, Loopring harnesses the security and performance of the Ethereum blockchain, while providing faster throughput and lower fees. Loopring users can leverage: 

  • An open-source and decentralized protocol. 
  • Orderbook-based DEXs, AMMs (Automated Market-Makers), and DeFi payment apps. 
  • Full stack solutions, from protocol to product, including their Layer 2 and Relayer solutions.
  • And the Loopring Wallet – a mobile smart wallet with zkRollup tech built in. 

The LRC Token

LRC is the Ethereum-based token for Loopring. LRC is used to encourage positive behaviour and productivity for the protocol. Holders who use their token and assets creatively for the betterment of the platform, are rewarded with redistributed fees. 

These are disseminated to three different types of LRC holders; insurers, liquidity providers and the Loopring DAO.

The market statistics of the LRC token are:

  • Current market cap: $434,965,836 USD
  • Circulating supply: 1,331,430,935 LRC coins
  • Max supply: 1,374,513,896 LRC 
  • Twitter followers: 212,000
LRC token

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