TechFlow News, Ethereum Layer 2 protocol Loopring has announced the launch of LRC staking, allowing users to earn rewards by locking up LRC tokens. The LRC staking mechanism offers users flexibility to stake or unstake their tokens at any time; however, to qualify for staking rewards, users must lock their LRC tokens for 90 days.
In December 2022, the Loopring community passed a Snapshot vote proposing that future protocol revenues be distributed as follows: 45% to eligible liquidity providers, 45% to users staking LRC, and 10% to the DAO. (Source link




