Loopring to Host Community Call on January 25th
Loopring will host a community call on Discord on January 25th at 13:00 UTC.
Refer to the official tweet by LRC:
Loopring💙@loopringorg1月 18, 2024Community Calls are back💙
Call #2 is happening on Thursday, January 25th @ 13:00 (UTC) - live on discord
This is the chance for the community to talk directly with us - so make sure to join our server and get your questions in before next Thursday
LRC Info
Loopring is an Ethereum-based decentralized exchange (DEX) protocol that aims to combine the advantages of centralized and decentralized platforms, providing the user with high liquidity and trading security.
The core principle of Loopring is a combination of off-chain order matching and on-chain settlement. While orders are matched off-chain, the final settlement of trades is made directly on the Ethereum blockchain, thus ensuring the transparency and security of every transaction.
LRC, the native ERC-20 token of the Loopring protocol, performs a number of key functions in the ecosystem. It is primarily used to pay transaction fees on the Loopring network. LRC can also be used for staking in order to receive a part of the commission from the protocol’s income.