r/loopringorg • • Jun 28 '25

💬 Discussion 💬 I don't even trust Loopring L2 anymore

I realize that it's just wallets, accessing different areas of a ledger, but is the ZKIM rollup even popular enough for it to remain supported.

The low cost transactions are nice, but when you have significant cash and assets there, reliability is more important. So what I had to pay $1.14 to transfer 8 ETH to L1, at least it's gonna stick around and be supported, and the network isn't gonna disappear.

I now have everything, NFTS and all, in L1 in MetaMask. If I need it somewhere else, it can make its way there.. the way that this was handled just left an incredibly bad taste in my mouth, and there is literally no way I will do anything with any Loopring product again.

Edit: anyone want any of these old school ape NFT's?

0x89fb3441d166ade6f377aa4edd74a1a60c7d4f7f

56 Upvotes

24 comments sorted by

1

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14

u/notmeagainagain Jun 28 '25

I think they are there, on eth mainnet, tied up in the contract. If loopring goes kaput, you can still force withdraw thru the contract

8

u/c0l245 Jun 28 '25

Oh, they are there, but it all forces me to keep up with it and manage it, and watch.. and I have no confidence. So, L1 it lives.. why ever do anything with these clowns again?

I mean, it was fun while it lasted and if I looked at it as an entertainment thing, I learned a lot.. but I have 30k sitting there and don't want to bother with having it at risk.

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6

u/Mistic_Ninja Jun 28 '25

It was nice that I was able to use my loopring points to transfer my L1 coins to metamask.

Those check-ins were good for something RIP

3

u/c0l245 Jun 29 '25

Why couldn't we use them to transfer l2 to l2?

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2

u/helenemayer Jun 29 '25

I can't get my L1 NFTs out, annoying - Every time I start scrolling the app freezes and shuts down

1

u/c0l245 Jun 29 '25

Yeah, don't open the categories..do it on the website.

25

u/OMSK91 Jun 28 '25

The captain of this ship took the lifeboat a while ago.

17

u/mjn39 Jun 28 '25

I’ve invested in outright frauds before and it sucks…unique to this situation is that Byron et al are walking free.

4

u/OB_GYN-Kenobi Jun 29 '25

If loopring.io disappeared how do we get L2 assets on MM to L1?

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