Ethereum Layer2 Protocol Loopring Launches L2 DeFi Port

Ethereum Layer2 protocol Loopring launches L2 DeFi Port. Through this mechanism, the various DeFi protocol tokens obtained by users on L2 can be redeemed at any time on L2. Users can also withdraw back to the Ethereum L1 at any time, and then interact with the DeFi protocol to experience various Layer 1 DeFi products on Loopring Layer 2 in a decentralized manner. Loopring chose ETH 2.0 staking via Lido as the first integrated DeFi product using it.

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