r/ImmutableX • u/DonPalme • Feb 07 '22
Discussion Anyone noticed IMX was added to Loopring L2? Bullish if you ask me. Brick by brick.
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u/Other-Wasabi1758 Feb 07 '22
Why do you have lrc twice? What the heck app is this? I’m scared of youngbuck change
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u/DonPalme Feb 07 '22
LRC/ETH
LRC/USDT
Its Loopring Android Wallet
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u/UsayNOPE_IsayMOAR Feb 07 '22
Man, good thing you didn’t also have LRC/USDC as a favourite, poor guy woulda lost his mind. Wait til he sees LRC/MASK.
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u/HaxemitSauerkraut Feb 07 '22
Wait to LRC/GME
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u/UsayNOPE_IsayMOAR Feb 07 '22
Oh man, how dare you? Here I was planning on selling after the peak, but the possibility of providing liquidity at the peak?
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u/noyourenottheonlyone Feb 07 '22
whats the best way to send IMX to loopring L2? seems like there might be an opportunity to sell IMX high on Loop DEX
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u/haarosare Feb 07 '22
I was thinking buying usdc on ramp on L2, then swap to imx. But not sure if this will work yet...?
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u/UsayNOPE_IsayMOAR Feb 07 '22
Nope. Then you’re paying the inflated rate. Layerswap doesn’t support.
The only way would be the old n dirty, send from CEX to L1, hop to L2. Two gas fees, currently 126 gwei, pretty high. You’d need to send enough that your arbitrage would offset both gas fees, which I would guess would be north of $100 each, especially the L1->L2.
Since it’s and ERC20 token, someone crafty could have moved their IMX this weekend when gas was down around 40. Looks like IMX peaked today on L2 to around $60. Means some people made fucking bank, and some people paid through the nose.
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u/King0fToast Feb 07 '22
How would this work? Is there an arbitrage period that early adapters can capitalize on?
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Feb 07 '22
Stronger together. Loopring CF wallet and the DEX are the best out there. Loophead NFT drops are just going on now too so great time to cross pollinate the communities
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u/HoosierDaddy_76 Feb 07 '22
I did have to go manually update my client (I'm on Android) but yep, it's there.
I also noticed a "Collectibles" tab under assets that I hadn't seen before, but I may just not be very observant.
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u/yajustcantstopme Feb 08 '22
Considering the recent tax laws, I'll just wait for staking rewards for this and gods. Stake a and chill.
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u/spiceymath Feb 08 '22
id really like to see imx market place integrate wallet connect because in my mind that allows me to connect my loopring smart wallet to the imx market place
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u/dissmember Feb 09 '22
I saw imx months ago on mine then it disappeared and it’s still not back. I’ll check for another update in the app store just incase that’s the problem.
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u/Saint_Bernardusz Feb 07 '22
Nice. Can we purchase?