Loopring, the layer-2 decentralized exchange (DEX) for Ethereum that uses zk-Rollups, is going multi-network, subsequently expanding its core pillars to four, following a recent update. In a Medium post on October 24, the platform said as part of this change in approach, they will be expanding the functionality of their Loopring Dapp.
Loopring Going Multi-Network: Will This Spark Activity?
Under Loopring’s new shift, there will be two parts of the Dapp in Loopring Pro and Earn functionalities. Furthermore, the Dapp’s Smart Wallet will become multi-network, opening up more users in diverse but supported platforms.
Loopring Dapp was one of the three core pillars in the previous setup. Specifically, the Loopring zk-Rollups protocol formed the core infrastructure through which the layer-2 solution will scale all their products while relying on Ethereum’s security.
Loopring Pro Dapp was a portal through which decentralized finance (DeFi) users would interact with the Loopring DEX
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