Blockscribers
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Blockscribers

What is Loopring (LRC)? Loopring crypto explained in simple terms

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  1. Users must send their funds to Loopring protocol’s smart contract.
  2. Loopring moves information like user’s account balances and order histories to complete the off-chain trade.
  3. Then, the transaction is settled on the ethereum blockchain to finalize the trades that were first matched off-chain.

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