Iโve seen a lot of security projects popping up that are competitors with the GOAT @losslessdefi $LSS #Aegis tool but are they really competitors? What sets us apart from them?
#Cyber#Security#exploits#hacks
I break it down in this ๐งต ๐
so much time and effort to help @losslessdefi The team could just be transparent but they lost so many supporters. Iโll keep my coins cause they are worthless now and not even worth the gas fees but this is Seeb over and out $lss #Ethereum#eth#KuCoin
Ready for an exciting October? Because we are!
Here's what you need to know:
๐ซWe have our community more involved than ever, so if you haven't been part of it, now is the time ๐
https://t.co/fpwl5NspLy
๐ฅWe're resetting Engage points on Discord, so everyone is on even grounds for a giveaway coming soon!
๐Plenty of developments in the background that we're likely to announce in October
Let's go! ๐
Currently in development ๐ ๏ธ Aegis Community Reports
Empowering users with the most powerful security tools has always been at the heart of what we do.
Now, weโre taking that mission further by building a decentralized reporting platform that puts even more power in your hands.
While we fine-tune the final features, we're giving you a sneak peek into whatโs coming! ๐
Oh, and to spice things up, top community reporters will be rewarded with $LSS for their contributions ๐
Stay tuned! Rollout is close!
Our Most Powerful dApp Feature: Aegis Firewall
The Aegis Firewall is a crowd favorite for a reasonโitโs the ultimate safeguard for your assets.
This powerful feature allows users to automatically secure their funds by moving them to a secure wallet at the first sign of an unauthorized withdrawal.
Whether it's a potential hack or an attempted drain, Aegis acts swiftly to outmaneuver attackers and protect your investments before they can strike.
Stay one step ahead of hackers and keep your funds safe with Firewall, available to use for free from Aegis dApp ๐
https://t.co/cagS6sDWii
Attention $NXRA holders: A token burn doesn't address the root cause. Demand collaboration with $LSS for robust security implementation. Your assets deserve better protection.
@Nexera_Official , your token burn is like putting a fresh coat of paint on a crumbling building. It kinda looks nice, but it's gonna collapse again. Time to rebuild your security from the ground up with @losslessdefi
Recent hacks have once again highlighted a critical issue: many projects are not doing enough to secure their funds and their users' funds.
This vulnerability poses a significant risk to the entire ecosystem, making it more important than ever for users to take security into their own hands. ๐
We are committed to addressing this issue by expanding our outreach efforts to ensure our tools are available to as many users and projects as possible. We already have thousands of Aegis users, and weโre targeting even more to bolster the security of the Web3 space.
But what does this mean for $LSS holders? ๐ค
More projects and more users joining our ecosystem means more growth and value. With the introduction of LSS Boost, a necessary feature for all users to fully leverage our offerings, the growth of our security tools translates directly into value generation for $LSS holders.
๐ The bigger the Lossless ecosystem, the more value it has. Weโve designed LSS Boost to scale with our expanding user base, ensuring that as more users adopt our security tools, the value of $LSS continues to grow.
Stay secure, stay smart, and join us in making Web3 a safer place for everyone!
@crypto_azylus@Nexera_Official I just found the email. Proposal on 13th January, chaser on 18th, chaser on 27th and final chaser on 29th.
No responses, not even an automatic reply. Had to open my ledger for the first time in two months so double whammy today overall portfolio and then this
$LSS #SAFU
@crypto_azylus Nicely put brother. Iโm holding $NXRA @Nexera_Official and I did reach out to them about lossless when I invested. I canโt remember if it was a no response or they said they didnโt need lossless services at this time
๐๐๐๐
Too many project devs are arrogant .
$LSS #SAFU
$NXRA hack breakdown:
- Hacker exploits vulnerability
- $2.9M gone in minutes ( Apparently $440k )
- Project in chaos
$LSS breakdown:
- Hack attempted
- Lossless freezes transactions
- Funds SAFU
If $NXRA had integrated $LSS, we wouldn't even be talking about this hack. It would've been a non-event. Let that sink in.
To all the projects out there thinking "It won't happen to us" - $NXRA thought the same.
$LSS isn't a luxury, it's slowly becoming a necessity. Get with the program or get rekt.
Note to @Nexera_Official
It's not too late. Integrate $LSS, show your community you're serious about security. Turn this L into a lesson. I don't see many other ways for you to regain confidence.
Note to @EVERYONE
$LSS at $0.06636? You're practically stealing at these prices. DeFi security is a multi-billion dollar sector, and LSS is the only working solution. Do the math: even at 1% market penetration, we're talking $100M+ valuation. Load up before the institutions catch on.
LSS sitting at $1697 market cap rank is criminal. Name one other project in the top 2000 with a working product that's saved millions in hacks. I'll wait. This is top 100 material sleeping in the fucking rough.
#LSS #100xGem #DeFiSecurity #CryptoGem
@LosslessDefi (LSS) is a security protocol in the RWA, DeFi and web3 space. It protects projects from malicious attacks by allowing fraudulent transactions to be frozen, it is capable of detecting hacks before they occur, they have now just implemented a firewall that sends your funds to another wallet in case of an attack, it also offers several security tools. , such as real-time alerts, panic button, etc... It currently protects projects from 11 different chains.
Helped recover $16 million from the Cream Finance hack, $78 million from the Harmony hack, and $800,000 stolen from Vulcan Forged users, recovered another 24 million RING tokens locked in a multi-chain bridge exploit, and recently returned 250,000 tokens from the theft in the string Base.