Lossless x Dolphins Finance: One more integration of the Lossless security standard
We’re glad to start the week with some outright good news — one more project that adopted the Lossless standard. We’d like to welcome Dolphins Finance to the ecosystem. The need for hack-mitigation tools in DeFi is just plainly obvious and it’s good to see that projects are proactively seeking defense tools to protect their protocol, network integrity, and user funds.
Dolphins Finance already integrated the Lossless code into its own token contract and will be urging projects who participate in their ecosystem to follow the same path.
Dolphins Finance is building an extensive ecosystem of a transparent experience in DeFi. Their plans include providing staking, farming, swap, lending/borrowing, and launchpad services for the industry’s newcomers and veteran projects alike.
“Dolphins Finance chose Lossless as a DeFi security provider to help prevent and mitigate exploits or rug pull transactions. This utility enables security measures to safeguard investors and traders using our platform”, — commented the CEO of Dolphins Finance Kevin Nnadi.
The team just entered the private sale stage on August 21 and is acquiring funding with plans to launch an IDO in the nearby future.
Dolphins Finance joins the club of currently 3 more projects which have embedded the Lossless smart contract code into their token contracts — Broccoli Network, Power to the People, and YDragon.
About Dolphins Finance
Dolphins Finance is a new dawn in transparency and honesty in the DeFi Space. Our mission is to provide an investor-friendly environment with a wide range of services such as staking, farming, and lending/borrowing services. Our services also include Dolphins Finance Forecast, Dolphins Finance Trading, Dolphins Finance Swap (Decentralized Exchange — DEX), and Dolphins Finance LaunchPad.
Dolphins Finance Swap and Launchpad will launch and list good and legitimate projects in the DeFi ecosystem. The projects launched on Dolphins Finance LaunchPad will have their liquidity and dev token locked in a timed-release smart contract to prevent exit scams.
These projects will have their tokens audited by an accredited auditing firm to ensure security. Dolphins Finance will make sure that these projects are backed by a working product.
Find out more about Dolphins Finance on the official website.
Lossless is the world’s first DeFi hack mitigation tool for token creators. Through various methods of fraud identification, our protocol halts counterfeit transactions and automatically reverses any stolen tokens back to the original owner.
With our stake-based reward system, the community is encouraged to actively continue to explore ways to detect hackers and fake transactions. Our sleek and fluid dashboard interface also allows users to view transactions at a birds-eye view.
To learn more about our project and join the community, follow us on our website and social media platforms below: