Lossless Announces Partnership with LaunchX

Lossless has announced a partnership with LaunchX.

The partnership will allow more projects to use the Lossless code in their protocol, to provide more value and trust to their users and investors.

This partnership also allows our token, $LSS, to have more use cases and attract more users, who are keen to get rewards for spotting, reporting and stopping hacks.

About LaunchX

Launch X is a decentralized multi-chain, governance-based IDO Launchpad with a unique functionality and a B2B ecosystem that gives start-ups the flexibility to raise capital in a decentralized manner across multiple blockchains. LaunchX is based on the Binance Smart Chain with full cross-chain integration to expedite Ethereum tools and DApps, allowing projects built on Ethereum to be effortlessly ported to BSC and increase access to a broader audience.

About lossless

Lossless protocol is used to freeze fraudulent transactions based on a set of fraud identification parameters, then returns the stolen funds back to the owner’s account. Token creators use the Lossless code by inserting it into their protocol to mitigate the losses suffered from exploits and hacks. Lossless is able to mitigate hacks by using a stake-based reward system to incentivize the community to develop increasingly effective hack-spotting mechanisms. The first spotter to take action receives the reward.

🔽 INFO:

https://losslesscash.medium.com/lossless-announces-partnership-with-launchx-2a530bd78e99