Catch up on the Loopring ecosystem with our recently published Q3/2024 Update:

🔹Loopring is now Multi-Network with L3 launch
🔹Loopring DeFi is NOW LIVE on @taikoxyz
🔹upcoming promotional campaigns
🔹much more

Full blog here →

📣UPDATE: https://t.co/vAsOTne8Dk 👀💙

The all-new, multi-network Loopring DeFi💙

feat. Block Trade - what is Block Trade?

👀↓

Read up on all things Loopring with our recently published Q3/2024 Update:

🔹Loopring is now Multi-Network with L3 launch
🔹Loopring DeFi DApp is NOW LIVE on @taikoxyz
🔹upcoming promotional campaigns
🔹much more

Full blog here →

We've made a couple big decentralization improvements in the Loopring ecosystem over this past quarter💙

Take a look 🧵👇

1) Trustless Guardian Interactions :
This enables guardian interactions in a trustless mode. Security-sensitive operations requiring guardian approval can now bypass the Loopring Relayer. Users can generate a transaction hash (QR code) and collect guardian approvals off-chain, submitting the final approved request on-chain. This ensures smart wallet functionality even if the Loopring backend is unavailable.

2) Self-Help Transaction Mode:
Should the Loopring backend fail, users can now still relay transactions on-chain using any other EOA wallet. This helps ensure Loopring users always keep full access to their funds.

All of this plus many other updates we made are part of our overall, long-term strategy to focus on the new Multi-Network Loopring DeFi effort as well as making the Loopring mobile app as user friendly as possible with our Multi-Network rollout.

If we want our products to be adopted by large amounts of users across every network, we need them to be as scalable, decentralized and robust as possible with maximum uptime and little to no dependencies on any centralized services.

Read about all of this and more in our recently published Q3/2024 Update blog here:

Our Q3/2024 Update is here☕️

Highlights:
🔹Loopring is now Multi-Network with Loopring L3
🔹Loopring DeFi is NOW LIVE on taiko

Coming:
🔹promotional campaigns for Loopring DeFi
🔹ecosystem decentralization
🔹product improvements
🔹easy bridging

👇👇

One of the unique DeFi products inside the new Loopring DeFi DApp is the Portal:

🔹trade ETH or *non-ETH* based tokens
🔹long or short with up to 10x leverage
🔹execution with deep CEX liquidity

Check out this TUTORIAL on how to use the new Portal - NOW LIVE on @taikoxyz💙

Some fresh new Loophead NFTs were just minted and sent out to Loopring ambassadors from Q3/2024💙

Get active in the Loopring ecosystem for your chance to win one for yourself - read more here:
🌐→

We've made a couple big decentralization improvements in the Loopring ecosystem over this past quarter💙

Let's dig in🧵👇

1) Trustless Guardian Interactions :
This enables guardian interactions in a trustless mode. Security-sensitive operations requiring guardian approval can now bypass the Loopring Relayer. Users can generate a transaction hash (QR code) and collect guardian approvals off-chain, submitting the final approved request on-chain. This ensures smart wallet functionality even if the Loopring backend is unavailable.

2) Self-Help Transaction Mode: 
Should the Loopring backend fail, users can now still relay transactions on-chain using any other EOA wallet. This helps ensure Loopring users always keep full access to their funds.

Congratulations to @EthJuniper who has been voted in by the community as Q3/2024's #L2Looper💙

This role rewards Loopring ecosystem participants with a Loophead NFT for their contributions to helping grow the community - stay tuned for another chance to win at the end of this quarter🏆

The all-new Loopring DeFi is here - are you ready to lock in? 👀💙

What is the new Loopring DeFi?💙

We've recently released a full guide that walks you through the new Multi-Network DeFi DApp, including how to deposit to Loopring L3 on @taikoxyz to get started on exploring the DeFi products inside

Check it out🌐→

Who stood out to you here on @X as a good ambassador for the growth of Loopring ecosystem?

#L2Looper voting for Q3/2024 is here💙

This role rewards Loopring ecosystem participants with a Loophead NFT for their contributions to helping grow the community👇

🦾We've just released big Portal upgrades:

🔹leverage now increased up to 10x
🔹new notification alerts for at risk positions
🔹dust collector function added to convert small amounts to USDT
🔹added function to redeem partial collateral

🌐

Ethereum is scaling through it's layers💙

Our new *multi-network* Loopring DeFi DApp is powered by the Loopring Layer 3 protocol on #Ethereum

Try it: 🌐→

Nominations are open for Q3/2024's #L2Looper💙

Who stood out to you here on @X as a good ambassador for the growth of Loopring ecosystem?

Nominate them below in the comments - voting will begin next week - someone will win a shiny new Loophead NFT🧠👇

Welcome to the new http://Loopring.io https://x.com/loopringorg/status/1847285078390456600/video/1

DeFi is crypto's killer app

Loopring DeFi is here and aims to change the game by connecting the CeFi + DeFi worlds - through Layer 3 on Ethereum

NOW live on @taikoxyz - spread the word💙
🌐→

What is Loopring Portal?

A new DeFi product that taps into CEX liquidity directly from your self-custodial Ethereum wallet

Trade *ETH* + *non-ETH* tokens like $SOL, $DOGE, $WIF, $BTC and more with now up to 10x leverage with deep CEX liquidity💙

🌐

As part of our continuing commitment of full transparency - we are today providing a full post mortem report on the recent hacking incident that took place in June that affected multiple Loopring Smart Wallet users:

https://t.co/EcIVP74mZ3

Also included in the report are the steps taken since and the now pivoted roadmap Loopring will take to build toward a stronger future💙