Loopring to Be Integrated With FedoraVerse
Loopring is set to be integrated into FedoraVerse, a new Ethereum gaming experience on Loopring’s Layer 2. This integration will allow users to win Loopring Red Packets within the FedoraVerse platform.
Refer to the official tweet by LRC:
Loopring💙@loopringorg2月 25, 2024More Ethereum gaming on Loopring L2 is here🔥
Come check out the new #FedoraVerse - a @Nifty_Island experience with Loopring Red Packets integrated to win ↓ https://t.co/wDqfdw7kaS
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.