Loopring
@loopringorg
Ethereum (Layer 2+3) ZK-Rollup Protocolš poweringā”ļø.
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We've recently made some decentralization improvements in the Loopring ecosystemš
Take a lookš§µš
1) Trustless Guardian Interactionsā:
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.
More to come...
Take a lookš§µš
1) Trustless Guardian Interactionsā:
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.
More to come...
Wishing a merry Christmas and happy holidays to everyone in the Loopring and wider Ethereum communitiesā„ļø
2025 is going to be an exciting time for the renaissance of DeFiš
2025 is going to be an exciting time for the renaissance of DeFiš
Fast + easy bridging is coming to the Loopring ecosystemš
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
Stay tunedš
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
Stay tunedš
DeFi is the future of all financeš
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 walletsš¤Æ
Part of the all-new, multi-network Loopring DeFiš
What exactly is Dual Investment? šā
Part of the all-new, multi-network Loopring DeFiš
What exactly is Dual Investment? šā
There is a DeFi renaissance underway in crypto...
Are you ready?š
Are you ready?š
gm Loopersš
š£the new http://DeFi.Loopring.ioš
(now also mobile optimized)
(now also mobile optimized)
The all-new, multi-network Loopring DeFiš
feat. Portal - what is the Portal?
šā
feat. Portal - what is the Portal?
šā
Catch up on the Loopring ecosystem with our recently published Q3/2024 Update:
š¹Loopring is now Multi-Network with L3 launch
š¹Loopring DeFi is NOW LIVE on @taikoxyz
š¹upcoming promotional campaigns
š¹much more
Full blog here ā
š¹Loopring is now Multi-Network with L3 launch
š¹Loopring DeFi is NOW LIVE on @taikoxyz
š¹upcoming promotional campaigns
š¹much more
Full blog here ā
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GMTBurnVote
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*This is How Rich You Would Have Been Today if You Invested 100 inGMT When the First Burn Was Announced š°š*
If you had invested just *100* in *GMT* the first time the *BURNGMT token burn* was announced, your investment could have grown significantly. Letās break down how much you could have made with this strategic move! šš„
---
*The First Burn Announcement: A Game Changer š£ļøš„*
- When *STEPN* announced the *BURNGMT initiative*, it was a turning point for *GMT*. The projectās commitment to *burning tokens* and reducing supply created a strong *bullish sentiment* among investors. šš
- As the *token burn* continued, *GMTās* *scarcity* increased, and with it, the price began to rise. šš„
---
*How Your 100 Investment Could Have Grown šš°*
- *Initial Price*: Letās say *GMT* was priced at *0.50* when the *burn announcement* was made. With *100*, you could have bought *200 GMT tokens*. šøš
- *Current Price*: If *GMT* has since risen to *2.50* (hypothetically speaking, based on the burn effect), those *200GMT tokens* would now be worth *500*. šš
- Thatās a *500100 investment*! Imagine turning *100 into500* just by holding through the *BURNGMT initiative*. š°š”
---
*Why GMT's Price Could Continue to Rise šš„*
- With *continuous token burns*, the scarcity of *GMT* will keep increasing, which could push the price even higher in the future. šš
- As *STEPN* gains more adoption and *GMT* becomes a key asset in the *Web3 and fitness sectors*, the demand for *GMT* could continue to grow, supporting long-term price appreciation. šš„
---
*Conclusion: The Power of Token Burns and Early Investments šš*
If you had invested in *GMT* when the *BURNGMT token burn* was first announced, your *100* could have *grown significantly* due to the *reduced supply* and *rising demand*. This just shows the potential impact of *early investments* in projects with strong *tokenomics*.
$GMT
$BTC
$XRP
#GMTBurnVote #BitwiseBitcoinETF #CryptoRegulation2025
simple simon the profiler
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BitwiseBitcoinETF
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