Research & Development

Loopring Protocol v3

We have been working on a new fee model and a staking system for Loopring v3. These are being developed specifically for the strength of Loopring v3. Some details still need to be worked out, but the new fee model will be more flexible and efficient; while the staking system will introduce even more attractive utilities for LRC.

We have a working implementation of the new fee model, and the efficiency benefits are clear. Some changes may still need to be done, so do note that these are preliminary results.

We’ve further improved the performance of Loopring v3: The maximum throughput with data availability increased from 120 TPS (trades per second) to 160 TPS, and the maximum throughput without data availability increased from 450 TPS to 525 TPS. This of course also means a reduction in cost per settlement.