September + October Development Update

Lossless
3 min readNov 9, 2023

September and October have been a whirlwind of development activity at Lossless. Let us paint you a picture: since September, we’ve rolled out three innovative features and two token utilities, alongside numerous enhancements that further establish Aegis as a leader in web3 security.

Here’s what’s new:

LSS Boost

This marks a significant step forward for both Aegis and Lossless. By simply holding $LSS tokens, users can now unlock professional features in Aegis. With five distinct tiers, ranging from 200 to 1000 tokens, we’re paving a solid road to Lossless and Aegis’s continued expansion. Read the full release here.

Aegis Pulse

Pulse is set to be the essential resource for communities, DAOs, and DeFi analysts seeking clarity and security. Pulse offers a straightforward approach to monitoring wallets and addresses, making them readily accessible on Telegram channels. Plus, the ability to pay with $LSS adds another layer of utility to our token. Discover Aegis Pulse here.

Panic Button

For those critical moments when swift action is required, this feature is your emergency exit. A simple click swiftly moves your assets from your primary wallet to one that’s secure. Set it up in 20 seconds.

Major Enhancements

  • Major improvements in the process of creating Telegram channels.
  • Added support for the “Uniswap Pair” contract type.
  • Introduced a new user classification, “Mixer User,” which covers Tornado Cash and Railgun participants.
  • Implemented a new risk marker, “New Account,” to flag potentially risky activity from addresses with fewer than five transactions.
  • Upgraded wallet activity tracking for real-time monitoring of all your wallet’s on-chain actions.

Minor Tweaks

  • Enhanced the visibility of roles, plans, and LSS Boost status in the navigation bar.
  • Streamlined the process of adding team members.
  • Boosted overall performance and optimized resource consumption.
  • Enabled direct access to Explorer from Findings, along with a retention notice for Findings.
  • Added explanatory tooltips for key interfaces and concepts.

What’s Next

As the year draws to a close, we’re nowhere near slowing down. We’re pushing towards greater automation and AI integration. Think of the Panic Button, but smarter — where actions within Aegis are just a click away, with the ultimate aim of achieving seamless, button-free automation.

The horizon for Lossless holds nothing but promise. Stay with us as we continue to redefine the landscape of security in web3.

About Lossless

Lossless is a trendsetter in Web3 security architecture. Our solutions empower projects to protect their communities from smart contract exploits and the associated financial loss.

The Lossless protocol wraps ERC-20 standard tokens in an additional layer of transactional security, providing project creators with a fail-safe against malicious exploits. Transactions flagged as malicious are frozen and can be reverted subject to an investigation.

Aegis, our latest flagship product, also offers automated threat monitoring and firewall-like features. Project teams can utilize its real-time alerts and zero-integration monitoring capabilities to identify possible threats before they turn into exploits.

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Lossless

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