Loopring

This quarter was highlighted by the release of Loopring L2 DeFi Port, the infrastructure and mechanism behind new Loopring Earn products, giving Loopring users even more self-custodial DeFi options at low cost directly on Layer 2.

The annualized income of dual investment products is traditionally generated via the CEX system of earning a profit by using the user’s tokens to buy low and sell high. But on Loopring L2, we have always emphasized that users must always own and control their assets.

Welcome to the next phase of the Loopring DAO, a continuation of our mission to achieve a more decentralized form of governance on Loopring L2.

Last year we proposed the concept of EthPort, the purpose of which was to allow users to experience various Layer 1 DeFi products on Loopring Layer 2 in a decentralized manner.

In the third quarter of 2022, we hosted an AMA on Reddit to let the community get deeper access into some of the minds at the Loopring Foundation.

We have 1900 Loopheads up for grabs in this fourth Loophead NFT drop. The contest starts on September 19th 0:00:00(UTC) and finishes on November 20th 23:59:59(UTC).

Loopring Layer 2 ETH staking has arrived! Powered by Lido, earning daily rewards on your staked ETH is now cheap, fast, and simple.

The first stage of Loopring DAO voting begins. LRC voting, powered by Snapshot and The Graph, will take place on vote.loopring.io this coming month. Loopringers will be able to vote with their LRC balances on Ethereum L1 as well as Loopring L2.

Loopring’s mission has always been to empower the individual. Whether by delivering non-custodial consumer facing products that could do no evil, or building the underlying infrastructure and protocols that make such products possible.

We’re excited to announce that GameStop NFT is here and live on Loopring L2.

Introducing a new round of Loopring Grants, this time aimed at Community Creators building tools, apps, and educational content that have contributed to the growth of the Loopring L2 ecosystem.