So you'll still be able to onboard after today, but today is the final day to gain the extra 2x rewards for creating a Loopring Wallet before Nov 27th.
Starting Nov 27th (with the release of Loopring 3.6), the Loopring team is awarding 33,000 LRC (~$7,000) every day for 30 days! They are calling it a Withdrawal Mining event ... basically rewarding users who hold Crypto in their Level-2 ETH wallet that was just launched on Andoid (sorry iPhone users)
They are awarding a total of 1,000,000 LRC (~$210,000) based on your funds stored within the Wallet. But not 1:1 you can earn Multipliers!! up to 8x, so $100 of ETH stored, turns into $800 of ETH for purposes of the Rewards they are giving out!
You can download the wallet here : https://loopring.io and use the Invite code : 000588
This will get you started for the Rewards (which are added daily) there is a random snapshot of fund every day ... and the next day the LRC will be deposited in your L2 account.
On L2 there is almost NO gas fee! You can now trade and not worry about loosing $$$ ... with the launch of this new zkRollup and Ethereum moving to ETH2.0. Loopring stands to grow very much in the coming months/year ...
The team is pushing forward with new tools and technologies that ALL DEX's can use to make faster transactions at lower costs. (both for the DEX and the user) without sacrificing security.
The amount of users so far is low on the wallet, and there is a good chance that you will earn some serious $$$ in LRC from participating in this Wallet launch. 8x rewards from a pot of $210,000 is nothing to laugh at. Be sure you install early (before the 27th) to earn the first 2x reward tier. You'll still be able to join later, but will have to complete the other tasks above to gain additional 2x rewards. (up to 8x total) ... installing today is the simplest/easier way to start building your rewards.
Consider it a Pre-Holiday gift to yourself. You'll be glad you did
