Best Layer 2 Protocols for WalletConnect

Loopring is an open protocol that allows you to build scalable, non-custodial Ethereum exchanges. It leverages zero-knowledge proofs, zkRollup, to allow high-performance trading (high throughput and low settlement cost), without compromising Ethereum-level security guarantees. Throughout the trade lifecycle, users always have 100% control over their assets. Loopring allows you to trade on it. Loopring is an open-sourced and audited non-custodial exchange protocol. This means that no one in the Loopring ecosystem has to trust anyone else. With 100% Ethereum-level security guarantees, cryptoassets can be managed by users. Loopring is a highly scalable, decentralized exchange that batch-processes thousands of requests off-chain. This allows for verifiable correct execution via ZKPs. The performance of the underlying blockchains are no longer the bottleneck. Loopring is able to perform most operations, including order matching and trade settlement, using the Ethereum blockchain.

COMBO is a leader in scaling solutions for Web3 games. COMBO builds an open-source, decentralized protocol for games that is accessible to all by leveraging the top game engine in the world. It aims at maximising the potential of Web3-based games by connecting developers with the ecosystem in a secure, efficient, and affordable way. COMBO has formed partnerships with the leading Web3 infrastructure projects in order to provide comprehensive development tools and integrated game engines. These advanced tools will help game developers easily enter the Web3 world and simplify and speed up their game development processes. By using optimistic rollup we can achieve 5,000 TPS and keep the gas price as low as 0.000000008 Gwei. COMBO has established full-fledged partnership with leading Web3 Infrastructure projects to provide comprehensive toolchains for development and built-in games engines.

Polkadot, a blockchain network, is being built to enable Web3.0. This will allow users to control their data and ensure that markets benefit from network efficiency. Gavin Wood, a former co-founder and CTO at Ethereum, founded Polkadot in 2016. Polkadot's technology solves the major problems that have hindered blockchain adoption over the past few years. Parity Technologies created Polkadot's Substrate software development toolkit that allows blockchain developers to create their own custom, fit for use blockchains. Polkadot allows multiple blockchains to communicate with each other, allows for easy upgrades, and introduces "shared Security", a plug and play network security model that allows developers focus on the technology instead of spending time and resources recruiting operators to run a new Blockchain.

Base is an Ethereum L2 that is low-cost, secure, and developer-friendly. It was created to bring the next billion people to the web3. Base has the security and scalability that you need to power your apps. It leverages Ethereum's underlying security and allows you to confidently access Base from Coinbase, Ethereum L1, or other interoperable chains. The EVM environment is available at a fraction the price. Get early access to Ethereum features such as Account Abstraction (ERC4337), simple APIs for gasless transactions and smart contract wallets. Base is built on Optimism’s open-source OP Stack. Base allows decentralized apps to easily leverage Coinbase's products distribution and products. Easy fiat onramps and seamless Coinbase integrations are all possible.

Starknet is an unrestricted decentralized ZK Rollup that operates as an L2 network on Ethereum. Any dApp may achieve unlimited computation scale without compromising Ethereum’s composability or security. Starknet maintains the security of L1 Ethereum while achieving scale. It does this by producing STARK Proofs off-chain and verifying these proofs on-chain. Starknet Contracts allow developers to deploy any business logic. Starknet will offer composability at Ethereum's level, allowing for easy development and compounding of innovation. The STARK Prover is the engine that powers StarkEx's scalability engine. It has already demonstrated its ability to process 600K transactions on Mainnet in a single proof.

You can trade up to 50x leverage from your wallet. Earn USDC or FUSDT by staking your stablecoins. Tomb Chain, an eco-friendly protocol, is built on Fantom's fastest blockchain. You can transfer your stablecoins from other chains to Fantom using Multichain or Felix Exchange. This website makes it much easier to stake and earn on DeFi than going into the exchange yourself. You must confirm a transaction in order to use the stablecoin. Then you can choose the amount to deposit. Once you have entered the amount that you wish to deposit, confirm another transaction in your wallet. You can then deposit your stables on this website to compound your farming experience.

Polygon (previously Matic Network), is a protocol and framework that allows you to build and connect Ethereum-compatible blockchain networks. Although Ethereum is the preferred blockchain development platform, it has its limitations. Polygon - A protocol and framework for building and connecting Ethereum compatible blockchain networks. Preset blockchain networks can be deployed in one click. A growing number of modules are available for the development of custom networks. Interoperability protocol to exchange arbitrary messages with Ethereum or other blockchain networks. Modular and optional security as a service. Modules for adaptors to enable interoperability with existing blockchain networks. Polygon brings together the best of Ethereum, sovereign and other blockchains in an attractive feature set. For developers.