LRC Is Now Listed on WePiggy, pLRC Mining Pool Is Enabled!

About LRC

Risk Assessment

Loopring is a zkRollup Exchange and Payment Protocol.

LRC (V2) is the token of Loopring protocol.

LRC Smart Contract Risk: B

The LRC (V2) was deployed in April 2019, the latest public audit reports are provided by Least Authority.

It is widely available on various exchanges, with more than 400,000 transfers.

LRC Counterparty Risk: B+

LRC is non-custodial and open source, with over 80,000 holders, hence presents low centralisation risk.

LRC Market Risk: B

Due to the skyrocketing price of ETH and expensive gas fees, as one of the layer 2 scaling solutions of Ethereum and the first zkRollup-based Layer2 on Ethereum, Loopring’s transaction volume and price continued to rise in the second half of 2020. The increase in the application of LRC (Loopring Protocol) may make a large number of users have higher expectations for this network, however, there are still certain market risks and high volatility.

LRC Market Overall Rating: B

Risk Parameters

Borrow&Deposit Rate Curves

Mining Pool Adjustment

According to the deposit/borrow incentive factor: 4/6, so the BorrowPool weight is 9150.

The weight for each asset in BorrowPool as follow: