What is LRC

1. Programme Name 

Loopring (LRC)
 
2. Project Introduction

Loopring is an open multilateral transaction agreement between tokens based on ERC20 and smart contracts. Through this agreement, it is possible to establish a decentralized exchange application that does not require asset custody and fund freezing. Adopting decentralized technology, providing a zero-risk token exchange model, and allowing multiple exchanges to conduct off-chain matching and on-chain clearing and settlement of the same order through competition. LRC is a Loopring Technology token on Ethereum. LRC holders can pay the lowest transaction fees; benefit from all network activities.

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.