Looping Smart Wallet is now free to activate on L2 on iOS.

Update your iOS app, it will let you activate the L2 wallet completely free as the fee gets passed onto Loopring.

You can then add funds via L2 networked friends or buy via the RAMP fiat on-ramp to fund the L2 Wallet.

To have full functionality (social recovery, L1 funds etc) you’ll need to activate the L1 wallet which will of course incur a gas fee so be cautious of the current Eth gas fee.

The main draw of the L2 Wallet atm is access to DEX/AMM on L2 w/very cheap transfer fees.

Apparently the Android free L2 Wallet deploy will come soon, I assume in the next day as they can push it to Android basically any time whereas iOS has to get approved.