What is Loopring (How to mine Loopring)
Loopring is a cryptocurrency used for exchanging and settling assets. It is obta
Loopring is a cryptocurrency used for exchanging and settling assets. It is obtained by sending tokens to a specific address and conducting transactions. Loopring is supported by a network called Lupercalia. Loopring utilizes a blockchain technology called zero-knowledge proof to protect transactions on the network from malicious or unnecessary data tampering. This mechanism makes the system more scalable and secure, and enables it to work with other digital assets. (Cointelegraph)
How to mine Loopring
According to CoinGecko data, there are 200 million Loopring (LRC) tokens circulating on the Ethereum network.
The specific mining tutorial is as follows:
1. Provide liquidity through Uniswap and stake LINK to Pool-X for mining.
2. Enter PancakeSwap to obtain Loopring’s LPTokenlUEI.
3. Add LUSD/ETH liquidity on Uniswap to receive more Loopring token rewards.
4. Click “Mint” to create a block.
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