Loopring

Loopring is a blockchain protocol that allows users to trade tokens in a secure, private, and trust-less manner by using private-keys to authorize orders directly from their own wallets.

Loopring will be airdropping LRN and LRQ tokens to holders of their LRC token. Participants must hold at least 100 LRC and must bind their wallets by smart contract prior to the snapshot dates. There will be 3 snapshots and each one will account for 33.33% of the total airdrop supply. As the total supply is 1/10th of the LRC supply and 60% of the supply is being airdropped, over 3 equal distributions, you can expect to receive 2 tokens per 100 LRC per airdrop. Assuming that your LRC balance does not change between each snapshot, you will receive a total of 6 tokens per 100 LRC. The exact snapshots date take/took place within 5 days of the airdrop dates. The airdrop dates are as follows:

  • July 5th, 2018
  • September 5th, 2018 (Snapshot has been taken at Ethereum block #6,248,888)
  • November 5th, 2018

Note: Airdropped tokens will not be immediately accessible. All airdropped tokens will be locked via smart contract and set to release at a rate of 1/730th of the balance per day. In other words, in daily increments over a period of 2 years from the airdrop date. Loopring will only airdrop to addresses that have made at least one trade using the Loopring Protocol.

Step-by-Step Guide:
  1. Bind your wallet containing at least 100 LRC tokens with the Loopring smart contract. The smart contract used for address binding can be found at 0xbf78b6e180ba2d1404c92fc546cbc9233f616c42 with the verified code available here.
    1. To accomplish this, you can either watch this video guide or follow the following steps:
    2. Access your ERC20 wallet with MyEtherWallet and click on the Contract tab.
    3. Under Contract Address, put:
      0xbf78b6e180ba2d1404c92fc546cbc9233f616c42
    4. In the ABI / JSON Interface input area, paste the following:

      [{"constant":false,"inputs":[{"name":"projectId","type":"uint8"}],"name":"unbind","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[{"name":"owner","type":"address"},{"name":"projectId","type":"uint8"}],"name":"getBindingAddress","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[],"name":"owner","outputs":[{"name":"","type":"address"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":true,"inputs":[{"name":"","type":"uint8"}],"name":"projectNameMap","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[{"name":"id","type":"uint8"},{"name":"name","type":"string"}],"name":"setProjectName","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":false,"inputs":[{"name":"projectId","type":"uint8"},{"name":"targetAddr","type":"string"}],"name":"bind","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"constant":true,"inputs":[{"name":"","type":"address"},{"name":"","type":"uint8"}],"name":"bindings","outputs":[{"name":"","type":"string"}],"payable":false,"stateMutability":"view","type":"function"},{"constant":false,"inputs":[{"name":"newOwner","type":"address"}],"name":"transferOwnership","outputs":[],"payable":false,"stateMutability":"nonpayable","type":"function"},{"anonymous":false,"inputs":[{"indexed":false,"name":"sender","type":"address"},{"indexed":false,"name":"projectId","type":"uint8"},{"indexed":false,"name":"targetAddr","type":"string"}],"name":"AddressesBound","type":"event"},{"anonymous":false,"inputs":[{"indexed":false,"name":"sender","type":"address"},{"indexed":false,"name":"projectId","type":"uint8"}],"name":"AddressesUnbound","type":"event"},{"anonymous":false,"inputs":[{"indexed":true,"name":"previousOwner","type":"address"},{"indexed":true,"name":"newOwner","type":"address"}],"name":"OwnershipTransferred","type":"event"}]
    5. Click the Access button. You will be shown a dropdown menu.
    6. Under Read / Write Contract, choose the bind method.
    7. The bind method will bind one address of a target blockchain to your ERC20 address. To bind a NEO address, enter a value of 1 under projectId, and to bind a Qtum address, enter a value of 2.
    8. Depending on what you entered into projectId, enter either your NEO or Qtum address into the targetAddr field.
    9. Now unlock your wallet and click the Write button.
    10. Click Generate Transaction.
  2. Hold the LRC in your wallet within 5 days of July 5th, September 5th, and November 5th, 2018. Snapshot for the 2nd airdrop round was at Ethereum block #6,248,888 (official announcement).
  3. You will receive 2 LRN per 100 LRC. The upper limit per address is 5,000 LRN.
  4. Loopring will only airdrop to addresses that have made at least one trade using the Loopring Protocol. See this article for a list of wallets you can use.

We recommend you to study this official medium article containing a video of the claiming/binding process.

Don't forget to join our exclusive airdrops: Bluenote, FST Network, VEE, HiLynk, AIVON, MorLabs!

Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview


  • Website: https://loopring.org/
  • ICO Price: 1 LRN = $1.00
  • Ticker: LRN
  • Total Supply: 139,507,605.45 LRN
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