111PG Formed A Partnership With Lossless

A project created in response to the problem of sniping bots, 111PG formed a partnership with Lossless  to make the Decentrlized Finance space more secure. Lossless helps protect token creators from hacks by, among other things, freezing fraudulent transactions. They’ve analyzed the history and complexity of hacking in DeFi and created a system that can return hacked funds. With their effective hacking protection, Lossless is able to return funds to the token issuers and thus keep their community safe.

“111PG’s success against sniping bots is inspirational and is certainly of benefit to our community and the projects we work with”.— Lossless’ Project Lead, Vygandas Masilionis

The partnership with Lossless will not only make more projects aware of Lossless and 111PG services for greater security but will also introduce the two communities to each other. The DeFi space has been in rapid growth mode for the past year and strong communities are the backbone of that growth.

ABOUT 111PG
111PG is a project created in response to the problem of sniping bots ruining the credibility of swap listings for projects and thus threatening the DeFi ecosystem as a whole. It’s the most effective solution in defeating sniping bots project after project, making sniping very costly for bot owners but harmless for the targeted projects. 111PG built on that success to expand its services of protecting and scaling liquidity for DeFi projects. It is part of the Dexe Network ecosystem and benefits its community through fee sharing and in other ways.

ABOUT LOSSLESS
Lossless is helping token creators by preventing and reversing hacks in several ways. By freezing fraudulent activity and returning the funds to the token’s creators, they help keep/restore trust in projects and the space as a whole. They use powerful fraud analysis and have two levels of fraud mitigation

RESOURCES
Medium