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Lossless $LSS is a hack mitigation tool for token creators. Its protocol freezes fraudulent transaction based on a set of fraud identification parameters and returns stolen funds back to the owner’s account. Lossless was founded in Q1 of 2021 by a team of blockchain, cyber-security, fin-tech, DeFi and cryptocurrency experts. LSS token provides the ability to participate within lossless network. Because of this, those who hold LSS token has the right to stake and therefore freeze fraudulent transactions, which will be audited and evaluated whether it was a hack or not. Lossless set out to prevent and revert all upcoming hacks within the DeFi space, making it a safe industry for it to grow further.
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