New Level of Outreach: Lossless Strikes a Partnership with Vent Finance
The speed at which projects are being launched in the DeFi space does not match the turtle pace at which crypto security is gaining progress and proper tools. Unless projects are equipped with highly experienced developers, token security might always need a double if not a triple check. This also is clear proof of why projects like Lossless are a necessity.
Without proper reach, all those projects that are counting their first crypto days every morning will not know that they can upgrade their security. Because of this, we are in constant search of partners and channels to keep them informed. We are honored to introduce you to our newest partner to date, which will open a new door for reaching out to DeFi projects — please meet Vent Finance.
Vent Finance is empowering startups and investors with technology that supports sustainable growth. VENT works to make decentralized funding simple and accessible as they believe in financial inclusion and an economy where innovation can benefit society as a whole.
With their help, Lossless will be offered as a security partner to projects that work with their launchpad for a successful crypto start — to use our Token Minter and have LSS Protocol automatically integrated into the project’s tokens. At the same time, Lossless will refer Vent Finance as a launchpad for projects that are looking for one.
Vygandas Masilionis, CEO of Lossless says: “Our team is excited to become partners with VENT Finance and ensure that many more projects in DeFi, through hack mitigation, will have the chance to secure not only their tokens but their platform users as well.”
Lucas Mateu, Co-founder of VENT said: “With the recent rise of security breaches in DeFi, we are excited to partner with Lossless to provide our projects and investor community a trustworthy and audited solution for token minting & hack mitigation, that will help keep everyone’s funds safe.”
Welcome to Lossless!
About Vent Finance
VENT is empowering startups and investors with technology that supports sustainable growth. We work to make decentralized funding simple and accessible as we believe in financial inclusion and an economy where innovation can benefit society as a whole.
Combining simplicity, security, and transparency, we are determined to reset the world’s expectations of what a decentralized launchpad is and help evolve the reputation and maturity of the DeFi space and crypto ecosystem.
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.