Express

Loopring To Launch L2 Liquidity Mining, 1.7 Million LRC Will Be Distributed Within Two Weeks

Mary Liu

Summary: Loopring protocol announced that starting from 11:00 AM EST Jan 6th, it will launch 14-day multiple mining programs, including L2 AMM Liquidity Mining, AMM Swap Tournament, and Orderbook Liquidity Mining. 1.7 million LRC will be distributed within two weeks. Loopring AMM adopts the zkRollup layer-2 scalability solution, where deposits and withdrawals occur on the second layer, and ...

Loopring protocol announced that starting from 11:00 AM EST Jan 6th, it will launch 14-day multiple mining programs, including L2 AMM Liquidity Mining, AMM Swap Tournament, and Orderbook Liquidity Mining. 1.7 million LRC will be distributed within two weeks. Loopring AMM adopts the zkRollup layer-2 scalability solution, where deposits and withdrawals occur on the second layer, and transaction speed and throughput are thousands of times higher than Uniswap. Funding through Loopring Wallet provides liquidity and will receive an additional 5% bonus.

By Mary Liu

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 17 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 7 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago
  • You need to login to comment.