$LRC
It is the native token of Loopring, a Layer-2 solution on Ethereum designed to make crypto trading faster and cheaper. By using zero-knowledge rollups (zkRollups), Loopring processes many transactions off-chain and then settles them on-chain, greatly reducing gas fees. Its platform lets users trade crypto directly from their wallets with high speed and low cost, without giving up control of their assets.
It can be staked to earn rewards from trading fees, and it’s also required to run a decentralized exchange (DEX) on the Loopring network. As demand for Layer-2 scaling grows, continues to attract attention for its strong use case in decentralized finance. #Write2Earn #LRC/USDT #zkrollups