Instead of having to hunt through a long toolbar or menus, Loop uses slash commands for formatting functions and content templates. When you type / into the body of text in Loop, a list of options will appear, including bulleted lists, numbered lists, tables, and more. This makes it easy to make on-the-fly adjustments to whatever project you're working on, and is one of my favorite features of Loop. Granted, it isn't unique to Loop -- it's a feature found in both Craft and Notion, too.