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Developers can deploy their dApp once to the Loop X Network and gain access to the user base of multiple networks. This enables developers to combine assets and distribute them across multiple chains seamlessly at the same time.
LOOP token is a staking token that is used to secure the Loop X network, and is further used as the currency that dApp developers use to host their dapps.
Any LOOP holder can delegate their tokens on the Loop X network to help support validators and actively participate in securing the network.
The LOOP token is a proof-of-stake token that is used to secure the mainnet of Loop X Network, known as Mainchain. LOOP token holders can use their tokens to help secure Mainchain while also earning rewards.
Developers can also use the token to pay for DApps hosting on the Loop X Network. Developers pay a flat monthly fee to host their DApps on Loop X and avoid unnecessary trading fees.
