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istanbul
4 Level
165 Review
232 Karma

Review on Loopring [NEO] by erdi yılmaz

Revainrating 4 out of 5

Loopring and Innovative Solutions

I will take care to convey the results I have obtained as a result of my research and what I understand about this subject without going into too much technical detail.
Loopring is a kind of decentralized Ethereum exchange protocol created for people to exchange assets on exchanges.
Loopring aims to design the best order book based DEX protocol in Ethereum. Although DEXs have been in Ethereum for 1-2 years, they haven't reached their full potential. One of the main reasons for this is that many DEX protocols have performance issues. While the efficiency is very low, the costs are quite high. This led traders not to choose DEX for trading. Loopring has brought innovations to eliminate these problems. It offers innovative solutions that both reduce costs and increase productivity.
Another feature that makes Loopring attractive is that it eliminates the need to deposit money on the platform you want to trade. It gives you the chance to make transactions by integrating your wallet with the platform. This is a feature that allows you to trade while keeping your assets safe.
It has the potential to become popular over time, even if it's under-recognized right now.
In the light of all this information, I think it is a valuable project. I believe my path will cross with Loopring soon.
img 1 attached to Loopring [NEO] review by erdi yılmaz



Pros
  • offers innovative solutions
  • offers safe trading opportunities
Cons
  • not yet popular enough

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