Our team is happy to announce the Finders Development Contest!
Finders are entities that run code scripts written in any language they prefer that trigger reports in lossless protocol when certain conditions are met. Reports indicate that a potential hack or exploit may be taking place and immediately blacklists the reported address. For more information on how this works read HERE.
👉 Submit your entries for this contest HERE.
- Contest participants are able to win $USDT by writing and submitting their hack-finding scripts.
- Contest discussion group and announcements are available on our Discord channel #contest-discussion.
- Finders that are using Javascript or Typescript can use Lossless SDK.
Challenge
Write a script that’s able to detect an exploit that happened in the recently mined block and report the exploiter's address to the Lossless Core Protocol.
Examples of ways to detect incidents:
- Large and unusual slippage
- Flash loan was used and large amounts of tokens were moved to the malicious address
- Admin change
- Unexpected minting of tokens
Example
Here you can find an example of a Finder script that tracks admin changes: GitHub — Lossless-Cash/finder: An example of lossless hack finding script.
Rules
- Only the first twenty-five QUALIFIED submissions that meet the challenge requirements below will be considered.
- After twenty-five qualified submissions are received, we will close the challenge and announce it in the #contest-discussion channel in our Discord. As long as submissions are open, you are welcome to build and submit scripts!
- Cash prizes will be awarded to the 1st, 2nd, and 3rd place winners:
- 1st place will receive $3 000 in USDT
- 2nd place will receive $1 500 in USDT
- 3rd place will receive $500 in USDT
To be eligible for a prize, you will be asked to submit a valid email and Discord username through the Google form, along with your script.
4. This contest will run from the 31st of March through the 30th of April, after which no further submissions will be considered. Winners will be chosen by the Lossless tech team.
For any questions, please contact us on Discord.
Assessment Criteria
Implementation:
- Does the code correctly submit reports?
- Does the code contain comments?
- Is the code well-formatted and easy to read?
Testing:
- Do all tests run and pass?
- Are there negative test cases? i.e. when alerts should not be created.
- Are there positive test cases? i.e. when alerts should be created.
Documentation:
- Does the README.md have a concise description of agent functionality?
- Does the README.md contain well-formatted descriptions of each alert?
- (If Applicable) Does the README.md contain real blocks/transactions that will trigger alerts?
Good luck!
About Lossless
Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from Lossless’ known cyber security solutions and renowned professionals, the community also plays a role. With a tangible reward system, community members are also encouraged to explore new ways to detect hacks and fraudulent transactions.
Lossless protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Its solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.
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