How to stake LRC?

To further the projects developments, Loopring have opened a window for the holders of the LRC token to take advantage on this opportunity to stake and earn rewards on Loopring’s protocol fees. The window for staking closes at the end of January and any token holder who plans to hold on to their tokens, are advised to take advantage of the rewards before the window closes.

For more details on how to stake your LRC, please visit the Loopring staking guide below.

https://medium.com/loopring-protocol/lrc-opens-golden-staking-window-64e707dd8cfa

Conclusion

With the developments being made by Loopring and other DEFI projects, it’s only a matter of time before we see decentralized exchanges taking over their continually failing counterparts.

For a more technical look at Loopring, please visit the Loopring 3.0 site where you can get an in depth look at the progress they have made and also view the features of their previous versions.

https://loopring.org/#/protocol

How to purchase LRC?

Step 1: Buy Bitcoin

Note: If you already own bitcoin (step 1), please skip to step 2.

Before you can purchase LRC, you would first need to buy some Bitcoin. Don’t worry if you have never bought Bitcoin before, the process is more simpler than it sounds.

First create a coinbase account.

If you use my link we’ll both receive $10 free.

https://www.coinbase.com/join/bellam_2un