Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts
Found the internet!
15
pinned by moderators
Posted by8 hours ago
Silver
15
2 comments
32
Posted by5 days ago
32
2 comments
171
630
Posted by19 hours ago
Bless Up (Pro)Helpful (Pro)Helpful
Post image
630
41 comments
Vote
Posted by23 minutes ago
Vote
0 comments
346
Posted by23 hours ago
Take My MoneyFaith In Humanity RestoredHeartwarmingTake My Energy
346
23 comments

About Community

Loopring Foundation is a blockchain research organization building protocols, infrastructure, and user-facing DeFi products for the future of finance. They operate their products atop an Ethereum zkRollup Layer2 Exchange & Payment Protocol (v3), the Loopring Protocol. These products include the Loopring Wallet app, an Ethereum L1 & L2 social recovery smart wallet, the Loopring Layer2 Decentralized Exchange (DEX), a non-custodial orderbook & AMM-based zkRollup L2 DEX, and the Loopring L2 Relayer.
104k

Loop Troops

1.2k

In The Loop


Created Oct 26, 2017

Loopring FAQs and Support

Loopring Knowledgebase

> Guides & Videos
> Tutorials
> FAQs

Need a Hand?

Click below to send a message.

Please include:
> Wallet address
> Relevant details
> Mobile platform / OS

Loopring Subreddit Rules

The Loopring Layer2 Ecosystem

Loopring Foundation

A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.

DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.


Loopring Protocol (v3)

The foundation of choice for DeFi's future is Ethereum, powered by zkRollups on Layer2. This approach enables Ethereum to scale effectively, drastically reducing transaction fees while inheriting rather than sacrificing Layer1's unmatched security guarentees.

Loopring's zkRollup Layer2 Exchange and Payment Protocol (v3) is Ethereum-based, open-source, and application-specific. It delivers key components crucial to non-custodial decentralized exchanges (DEXs) and other trustless DeFi products.


Loopring Layer2 DEX

An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3). Loopring's zkRollup Layer2 DEX replicates the high-performance, low-cost trading experience common to many centralized exchanges.

The Loopring L2 DEX features gas-free transaction fees, averaging 100 times less expensive than those found on Ethereum Layer1. Users trade quickly and cost-effectively while maintaining full and guaranteed self-custody of their assets.


Loopring Relayer (Operator)

A closed-source backend system that interacts with the Loopring Protocol (v3), the Loopring Relayer (aka Operator) performs various functions necessary for zkRollups to operate. It is highly optimized for its use-case, from orderbook matching to zero-knowledge proof generation.

Essentially, the Loopring Relayer:

> Hosts & updates the off-chain Merkle tree;
> Creates rollup blocks from Layer2 txns;
> Generates zkSNARK proofs for validation;
   >> poseidon \ ethsnarks \ libsnark
> Publishes proofs & data to Ethereum L1;
> ...and more

By design, the Relayer is barred by the Loopring Protocol from accessing or freezing assets. This trustless implementation ensures that users always maintain self-custody of their funds.


Loopring Wallet App

A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet. The Loopring Wallet makes use of smart contracts, enabling secure, trustless functionality.

With the app, users can create full smart wallets (L1 & L2) and counterfactual wallets (L2 only). Full smart wallets enjoy bleeding-edge features and unrivaled security, including social recovery via guardians, wallet locking, daily limits, and more.


LoopringCoin Token v2 (LRC)

LRC is Loopring's protocol token, used to incentivize protocol-desirable behavior from liquidity providers (LPs), insurers, and DAO governors. Protocol fees are generated by Loopring Layer2 economic activity, which flows into productive Loopring protocol participants and LRC itself.

Of all Loopring protocol fees collected, 80% is used to pay for expenses related to operating the protocol. The remaining 20% is distributed to various protocol participants and to token holders. The forthcoming Loopring DAO will decide on a configuration for this distribution, and until then is configured as follows:

80% to Loopring orderbook & AMM LPs
At least 50% of this portion to LRC liquidity.

10% to Loopring insurers
Users who stake capital in an insurance fund.

10% to the Loopring DAO
The DAO will decide what to do with these funds, including buyback & burn, impermanent loss protection, liquidity incentivization, grants, etc.


Official Resources


Official Communities


Helpful Links


Listed Exchanges

r/loopringorg Rules

1.
Be Decent To One Another

Be the change you wish to see:

  • No personal attacks
  • No targeted harassment
  • Treat other users with civility and respect
  • Lead by example
2.
No Scamming / Shilling / Spamming

Post & comment criteria:

  • 25 comment karma & 14-day account age required for posts
  • 0 comment karma & 7-day age for comments
  • Posts must contain at least 300 characters; those shorter should be shared as Daily Thread comments
  • No scamming, shilling, spamming, self-promotion, advertising, referral links/codes, or URL shorteners
  • No polls or surveys of any kind
  • No more than 3 posts per day per user
  • No low-effort content such as one-liners, all caps, etc
  • No spamming of log-in streak
3.
No Manipulation

No manipulation:

  • No pumping, shilling, or FUDding
  • No sockpuppet accounts to manipulate votes to achieve a narrative
  • No ban evading of any kind
  • No soliciting, complaining about, or predicting downvotes
  • No baseless claims or gaslighting
  • Do not delete your comment history (instant perma-ban)
  • Do not instigate brigading of any other platform (instant perma-ban)
  • Do not circumvent the word count requirement, doing so can be grounds for a ban
4.
No Begging / Contests / Giveaways

Do not beg and do not share contests or giveaways:

  • Do not post addresses or seek donations
  • Do not post or comment asking for wallet creation donations
  • Do no share your referral code unless requested by another user in the Daily Thread
  • Do not share contests or giveaways
  • Do not attempt to farm karma by sharing account holdings
5.
Do Not Incite Illegal Activities

Do not discuss or endorse any illegal activity:

  • No content promoting leaks, buying/selling drugs, tax evasion, etc
  • No malware, spyware, phishing, or pharming links
6.
Use the Appropriate Flair

Please choose the most appropriate flair possible for the content you share:

  • Clearly misleading flair can be grounds for a ban
  • Repeated flair abuse can be grounds for a ban
7.
No Replica Posts

Please ensure the content you are sharing is not already on the sub:

  • Replications of similar posts will be removed to reduce overcrowding of the main feed
  • Repeated replica posts can be grounds for a ban

Moderators

Moderator list hidden. Learn More