Lossless (LSS) is a token of a secure and reliable DeFi ecosystem with minimal or no losses from hacks, exploits or social engineering. The project is a piece of code that token creators insert into their tokens. The specified code allows Lossless to block any fraudulent transaction based on a set of fraud identification parameters.

Lossless news today, LSS crypto latest news of token ticker

Lossless

RT @UMAprotocol: 1/ We’re thrilled to announce that @losslessdefi has integrated oSnap 🎉

The DeFi security project will leverage our optim…

1/ We’re thrilled to announce that @losslessdefi has integrated oSnap 🎉

The DeFi security project will leverage our optimistic governance tool for its new Wrapped Token feature. Here’s why this is big news for DeFi 🧵 https://t.co/hYR4BGyMt6

That's right - we'll be using @UMAprotocol with Wrapped Token tech. 🚀

The latter will allow anyone wrap their ERC-20 tokens with $LSS security - implement our hack-mitigation protocol to retrieve stolen funds. 

The protocol verifies reported hacks through a voting mechanism.🗳️ https://t.co/4KLoom3KBa

RT @UMAprotocol: 1/ We're thrilled to announce that @losslessdefi has integrated oSnap.