CEX liquidity + now CEX fees - we've just lowered the trading fee across the multi-network Portal to just 0.1% - in line with most leverage accounts on CEXs
New year, new goals: What's on Loopring's roadmap for 2025?💙
🔹Loopring DeFi expansion: more networks, more user availability 🔹Fast + easy bridging: between networks to ensure premium user experience for Loopring DeFi 🔹DeFi product expansion: more earning + unique DeFi experiences coming to the Loopring DeFi suite 🔹Promotion + education of our new multi-network products to help with rapid user adoption 🔹More decentralization and trust minimization throughout the ecosystem
Have you tried out Block Trade - now part of the new multi-network Loopring DeFi💙
🔹CEX liquidity delivered straight to your Ethereum wallet 🔹popular CEX tokens like $BTC, $ETH, $USDC 🔹no depositing to a CEX required to get the benefits
We've recently made some decentralization improvements in the Loopring ecosystem💙
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.
Have you tried the new Portal? Check out our recent upgrades:
🔹leverage increased up to 10x 🔹new alerts for at risk positions 🔹dust collector function added to convert small amounts to USDT 🔹new function added to redeem partial collateral
Fast + easy bridging is coming to the Loopring ecosystem💙
With our multi-network future in mind, we are soon going to be rolling out fast bridging between networks for popular coins to make the overall user experience as seamless as possible
Block Trade is now multi-network with Loopring DeFi💙
Buy or sell top CEX tokens like $BTC, $ETH, $USDC and more with real CEX liquidity straight from your self custodial Ethereum wallet - no more taking the risk of depositing to a CEX
Dual Investment: one of the hottest investment products across CEXs is now accessible (with the same CEX liquidity) to Ethereum DeFi users from their self-custodial wallets🤯