Loop X Network is a Delegated Proof-of-Stake (DPos) network that acts as an interconnected multi-chain platform which has been in production since early 2022. Optimized for scaling high-performance DApps that require a fast and smooth user experience, the network offers a UX comparable to traditional applications and frictionless on-boarding of new users without the hassle of downloading crypto wallet software.

Loop X will also offer Bitcoin, Ethereum, Binance, EOS, Cosmos, and Tron connections. This enables developers to combine assets from all main chains, as well as to create a DAapp once and distribute it across all platforms at the same time. The Loop X Network is based on Solidity and is BNB Chain and Ethereum compatible. So, in just three steps, you can transfer your Solidity-based app to Loop X and start scaling right away.

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.