Our team is going bananas with the number of partnerships that we’re building! And quite literally too as Lossless is partnering up with ApeSwap DEX to bring our security solutions to the community of hundreds of thousand apes!
ApeSwap, a leading DEX, AMM, yield farming and staking platform on Binance Smart Chain (BSC), will promote the use of Lossless protection from hacks to new token developers as an additional security measure and a way to gain more credibility and reliability in the eyes of community and investors.
The exchange will urge newly launched projects to implement Lossless code into new tokens launching on ApeSwap. As it protects tokens from rug pulls and exit scams, it is expected to give a major boost to users’ confidence in up-and-coming projects while developers get an anti-hack shield for their smart contracts.
ApeSwap is no stranger to making connections in DeFi. Having more than 100 partners across the industry, ApeSwap is already leaving a significant mark on BSC and the whole crypto community. We’re excited to join the gang and help secure the platform that already has $700M total value locked across its LPs and pools!
Right now, the main goal is spreading awareness of our hack mitigation tool, and ApeSwap is going to help us achieve that. However, we are not stopping there. As soon as L-wrapped tokens are ready to launch, ApeSwap is expected to use them in some liquidity pairs.
Will they, though? You can ask that yourself as we’re doing an AMA on ApeSwap’s Reddit thread soon. Details to be announced.
Moreover, LSS token liquidity is coming to ApeSwap once $LSS is redeployed on BSC with the Lossless Standard code implemented inside the smart contract. There will be a $LSS listing, pool and farm for all the apes to enjoy.
However, baby steps! For now, we’re just happy to start collaborating with protocols of such magnitude. With each new friendship, we’re making DeFi a safer place, and that’s what matters the most. So expect more of that soon!
About ApeSwap
ApeSwap is a leading decentralized exchange (DEX) on Binance Smart Chain and Polygon focused on offering a premier trading experience. Users are incentivized to pool liquidity on ApeSwap through yield farming to earn the native currency, $BANANA. Additionally, apes can use their earned $BANANA to stake and earn other tokens and unlock exclusive features. Built by DeFi apes, for DeFi apes, we have a dedicated team with years of experience who are committed to the DeFi community and growing the ApeSwap Jungle.
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About Lossless
Lossless is the world’s first DeFi hack mitigation tool for token creators. Our protocol halts counterfeit transactions through various methods of fraud identification and reverses any stolen tokens back to the original owner.
With our stake-based reward system, the community is encouraged to explore new ways to detect hackers and fraudulent transactions. Our sleek and fluid dashboard interface also allows users to view transactions at a bird’s-eye view. Check out the Lossless whitepaper.
To learn more about our project and join the community, follow us on our website and social media platforms below:
