The Way Lossless Protocol Works

Protocol Overview and Integration

  • Transaction feed of the protected cryptocurrency on the Lossless dashboard to track the movement of tokens
  • Ability to report a spotted hack with a stake of 2500 $LSS and freeze the transaction in question for 24 hours
  • Investigative work by a Decision-Making Body that votes on the report’s validity
  • During the investigation period, opportunity for $LSS holders to stake a fixed amount of 200 $LSS on top of a report in order to earn their rewards
  • Return of the stolen funds to the owner if a hack is verified

Hack-Spotting and Fund Retrieval Process

Rewards

About Lossless

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Lossless

Lossless

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