Buy LRC in a few steps

Loopring is a Layer 2 scaling software that builds protocols, infrastructure, and user-facing products. Built on the Ethereum network and leveraging zero-knowledge proofs (ZKPs), Loopring was developed for the creation of large-scale decentralized exchanges (DEXs).

Loopring bundles up hundreds of Ethereum transactions and processes them off-chain, on its own blockchain known as a Layer 2 sidechain. Loopring also inherits the security features and consensus mechanism of Ethereum's blockchain.

LRC, the native token of Loopring, is an ERC-20 token that allows holders to develop on the Loopring platform launched through an initial coin offering (ICO) in 2017. The token fuels all important operations of Loopring, including its governance.

Users who own LRC tokens can also stake them to earn staking rewards. Furthermore, LRC is a deflationary token as a small percentage of it is burnt each time when processing Loopring transactions. LRC has a fixed supply of 1.37 billion tokens.