Official updates, news, announcements and blog posts about Loopring and LRC token from the official Loopring team.

Loopring’s zkSNARK Prover Optimizations

6 Mar 2020 13 minute read 0 comments Loopring

TL;DR We optimized libsnark and reduced Loopring’s total settlement cost to $0.000124 per trade or $124 per 1,000,000 trades. The prover cost is now just $0.000042 per trade or $42 per 1,000,000 trades, a 15x improvement compared to our previous prov...

Loopring Launches zkRollup Exchange:

6 Mar 2020 9 minute read 2 comments Loopring

Today we are thrilled to announce the launch of Loopring Exchange to the Ethereum community. This is the user-facing product we have built on our own Loopring protocol, and we consider the exchange a public beta. This Beta1 is based on the Loopring p...

Loopring Testing Phase 1: Data Recap

7 Jan 2020 7 minute read 4 comments Loopring

On December 18, 2019, we started to work with WeDEX to test the integration of Loopring Protocol v3, the Lightcone relayer, and WeDEX’s front-end on Ethereum mainnet. For WeDEX, the main goal is to fix integration bugs and improve their DEX’s user ex...

Chainlink and Loopring Collaborate on Oracles for zkRollup DEX Protocol

30 Dec 2019 7 minute read 4 comments Loopring

Chainlink and Loopring are pleased to announce our collaboration across several oracle integrations in Loopring’s v3 zkRollup DEX protocol. The first of which is live on Ethereum mainnet: a faithful LRC/ETH price feed for DEX owners to anchor their L...

Loopring Bi-Weekly Update — 12/22/2019

23 Dec 2019 3 minute read 1 comment Loopring

  WeDEX, the first DEX built on top of Loopring 3.0, is now live on Ethereum mainnet. On the first day of their beta launch, WeDEX successfully settled more than 20K trades, with Ethereum-level security guarantees — and this cost 1.4 ETH in gas total...

Loopring 2020 Development Roadmap

17 Dec 2019 16 minute read 2 comments Loopring

As each year draws to a close, Loopring releases the R&D roadmap for the coming year. This supports transparency and allows the community to obtain a greater understanding of the plan. Equally important, it forces us to think hard about the future an...

LRC Opens Golden Staking Window

17 Dec 2019 4 minute read 0 comments Loopring

Now that Loopring 3.0 has been deployed to Ethereum mainnet, let’s talk LRC staking. Loopring Foundation is staking its own LRC. We’ve created a “golden staking window” which opens now and will close at the end of January 2020. This window can be ben...

Loopring Deployed Protocol 3.0 on Ethereum

6 Dec 2019 1 minute read 0 comments Loopring

We are thrilled to announce the release of Loopring 3.0-beta4 and its deployment and configuration on Etheruem mainnet. Loopring 3.0-beta4 will be used in production to serve WeDEX. Although we still call this version a beta, we believe that 3.0-beta...

We Take ‘The Ultimate Non-Custodial Test’

6 Dec 2019 5 minute read 4 comments Loopring

Last week, Argent published a nice post, showcasing how their wallet stands up to the ‘ultimate non-custodial test’. Spoiler: they stand up very well, and users can always access their funds. It inspired us to take the same test. Our foremost duty is...

Loopring Bi-Weekly Update — 12/01/2019

3 Dec 2019 4 minute read 2 comments Loopring

The last two weeks have been super exciting for us: Loopring 3.0 beta4 will finally complete deployment early next week. Loopring will be Ethereum’s first zkRollup DEX protocol enforcing on-chain data availability. We are ready to roll! We have rece...