What is LRC?

Modified on Wed, 13 Nov at 11:18 AM

LRC or Loopring Protocol Token has main use cases with the Loopring network and is an 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.

 

This digital asset contains the staking function. Investors should study information and risks carefully before making any investment. For more information, please click here.

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