Loopring Wallet: L2 Dex & Defi 3.8.7

The Loopring wallet presents itself as a comprehensive solution for users seeking a smart contract wallet that combines exceptional security with decentralized exchange (DEX) capabilities in Order Book mode. It serves as a bridge between decentralized finance (DeFi) and traditional centralized finance (CeFi) products in a completely trustless manner.

Cost-Effective, Efficient, and User-Friendly

• Utilizing zkRollups with Loopring L2, users can trade and transfer assets with the security of Ethereum while enjoying fees that are 100 times lower and significantly faster transaction speeds.
• Easily manage asset movements between Layer 1 and Layer 2 accounts.
• Effectively handle NFT collections and transfer tokens/NFTs swiftly, supporting ERC-20, ERC-721, and ERC-1155 standards.
• Experience straightforward asset trading through an intuitive Swap interface, as well as advanced trading capabilities in Order Book mode.

Comprehensive DeFi Integration

• The Loopring wallet employs L2 technology to provide a one-stop solution for engaging with popular earning products while maintaining control over personal assets in a trustless environment.
• Capitalize on market movements with options to buy low or sell high through Dual Investment.
• Generate passive income by supplying liquidity to Automated Market Makers (AMM).
• Stake ETH to earn stable returns using services like Lido or Rocket Pool.

Secure, Intelligent, and Trustless

• The Loopring Wallet is self-custodial, ensuring users have complete control over their assets while being governed by a smart contract that enhances security.
• Social recovery involves Guardians—trusted contacts who assist in protecting and recovering your wallet in case of device loss, eliminating the need for secret recovery phrases.
• Cloud backup options allow for safe and secure wallet preservation via services such as iCloud or Google Drive.
• Enhance security by enabling two-factor authentication (2FA).
• In the event of device loss or theft, securely lock your wallet until regaining control.
• Set daily transfer limits to manage token transfers effectively over a 24-hour period.
• Whitelist addresses to exempt trusted contacts from daily quota limits.

User-Friendly and Engaging

• Enjoy features designed for convenience, such as sending Red Packets—gift envelopes containing Ethereum assets.
• Easily bind an Ethereum Name Service (ENS) to your wallet for simplified address recognition.
• Earn points by logging in daily, which can be applied toward transaction fee coverage.