What is Loopring?
Being a decentralized exchange protocol, Loopring gives its users not only the opportunity of deploying cryptocurrencies but also operating with other digital assets. This system doesn’t lock assets in exchange wallets or smart contracts, they ordinarily remain in the users’ accounts. Trade is ordered from many exchanges and then it’s merged into smart contracts, then these contracts are matched by ring miners. LRC is the native token of the Loopring, it’s an ERC-20 criterion resembling token which runs on the Ethereum.