Security Comes First:
EmpireDEX will be Secured with Lossless Protocol
Thrilled to announce that a collaboration agreement has been signed and that EmpireDEX will soon enter the ranks of projects protected with the Lossless protocol. The team behind the Empire decentralized trading protocol have demonstrated enormous efforts to secure their trading ecosystem, protect its community, and enhance the project’s credibility.
By choosing Lossless, EmpireDEX is also empowering all developers within their ecosystem to make full use of our suite of DeFi security tools, ensuring that hack-related exploits are prevented through our technology. Through our partnership, we’ll also cross-promote each other’s projects on social media channels and explore various innovative opportunities to utilize the synergies.
That is particularly relevant since, from the 17th of September, Empire is starting its liquidity generation event on FTM & AVAX. Additionally, the team has just launched the Prism Network and will be working on upgrading their bridge to implement cross-chain swaps, routing trades through PRISM in just one transaction, which will significantly improve interoperability between EVM-powered networks. It will also allow users to seamlessly trade tokens between the Prism networks, enhancing liquidity and enabling developers to build novel cross-chain features into their projects.
“We have decided to integrate Lossless into our contract libraries to give developers another tool in their kit to help build better and more secure projects. Security is crucial for any cryptocurrency project — even more so within DeFi, where new projects are often looking to utilize relatively new code and combine many different token features together. Ultimately, empowering developers is our goal, and Lossless helps us do this through their suite of security features.” — Empire DEX Executive Team.
EMPIRE is starting a set of Liquidity Generation Events (LGEs) across a set of Layer-1 blockchains in order to secure funding for project development. The first LGE starts today and, as every one of them, will last for 14 days.
Fantom — starts today (14 days)
Avalance — starts September 28th (14 days)
Polygon — starts October 5th (14 days)
XDAI — starts October 12th (14 days)
Be sure to check ’em out and contribute on your favorite chain. As an added benefit BSC holders of EMPIRE will get an airdrop of 10% from the LGE on each chain.
EmpireDEX is a decentralized trading protocol that offers guaranteed liquidity for millions of users and hundreds of BSC applications. The Empire protocol offers a suite of tools for a tokenized world, as well as empowering developers, liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.
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 automatically reverses any stolen tokens back to the original owner.