What is LRC?

Modified on Thu, 16 Feb 2023 at 07:57 PM

LRC or Loopring Protocol Token has main use cases with the Loopring network and is a ERC-20 standard on Ethereum. It is used as follows:

1.Used to pay gas fee when transacting with the network.

2.Being the rewards for Liquidity Providers

3.Grant the right to participate in network's governance.


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