New Core Protocol Integration: Lossless x Acta Finance

Lossless
2 min readMar 16, 2022

We weren’t kidding when we said that our security ecosystem expansion is inevitable and that security itself is becoming a priority in the DeFi space. That’s obvious through 60+ partnerships we’ve established so far and our pipeline shows it’s not going to slow down. On the contrary.

This kind of growth tempo gives us excitement since it’s proof that projects are placing their and holder fund security among the priorities. One of such projects and the newest name to become part of our ecosystem is Acta Finance.

Acta Finance is a cross-chain DeFi ecosystem that develops on both Avalanche and Cardano. There are two separate development teams working on the smart contracts to deliver the ecosystem on both blockchains simultaneously, offering users the freedom to choose on which blockchain they engage with in the ActaFi Ecosystem — staking, swap, affiliate program, bridge and much more.

The team behind Acta Finance has also made an important decision to take the reins of their project’s security — they will be implementing our Core Protocol into their $ACTA token.

Welcome to Lossless!

About Acta Finance

Acta Finance is a DeFi ecosystem that brings innovation to the DeFi industry by motivating users to build a referral network that rewards user network, and user activity, through a referral system and address milestones. ActaFi Swap is a cross-chain liquidity aggregator that offers margin trading that receives the margin from peer-to-peer lending offers, introducing a new investment opportunity for the users.

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About Lossless

Lossless is the world’s first DeFi hack mitigation tool for token creators. Apart from our 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.

Our protocol halts counterfeit transactions through various methods of fraud identification and automatically reverses any stolen tokens back to the original owner. Our solutions to the impending problems of cyber theft within the blockchain space are thorough and applicable within many protocols.

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Lossless

World’s first unrivalled exploit identification and mitigation tools, designed to foolproof web3 from malicious activity.