Hassan Maishera
In a tweet on Wednesday, the Loopring team announced that it has now added support for MANA and SAND to its Layer-2 (L2) protocol. MANA and SAND are the native tokens of the Decentraland and The Sandbox ecosystems, respectively. According to Loopring, the move is designed to bring metaverse-focused tokens to L2. Loopring users can now swap, trade and provide liquidity for the tokens.
Loopring aims to build an open protocol for scalable, non-custodial, orderbook-based exchanges on Ethereum by leveraging zero-knowledge proofs. LRC, Loopring’s native token, is down by more than 9% today and is trading at $0.8279 at press time.
