Tag: Layer 2 solution

Loopring is an automated market maker (AMM)-based decentralized exchange (DEX). Plus, the project offers a payments protocol that functions as an Ethereum scaling solution and layer 2 protocol. Powered by the native LRC token, the Loopring crypto platform offers ultra-fast, gas-free trading, liquidity mining, and token swap. Users of the Loopring exchange benefit from the security of the main Ethereum chain, but without the bottleneck of transactions that result in slow transaction confirmations and high fees.