YDragon x Lossless

For a secure future

Raiden, YDragon CEO
ydragon_io
3 min readAug 12, 2021

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At YDragon, we are committed to providing you with a diversified investment strategy in the crypto space. We acknowledge that the industry is full of pitfalls and traps including audited smart contract hacks, flash loan attacks, and oracle manipulations. Users venturing into DeFi shouldn’t have to cope with this type of nefarious activity. Our goal is to help our users minimize these risks while maximizing returns.

We are proud to announce that YDragon is partnering with Lossless, who have developed the first tool of its kind to monitor and detect hacks. This protocol was created to help affected users retrieve stolen funds should they become compromised. Our commitment to the protection of our users is unending. After having our code audited by reputable firms, we have decided to add this important layer of security to our software.

Our Partnership in a Nutshell

Lossless offers its communities a unique opportunity to invest in projects that have not only been vetted and audited, but also have diligently implemented Lossless’ anti-hacking tool suite. YDragon will integrate the Lossless protocol where it will have maximum effect: our native YDR token and any future index tokens. This will provide Lossless and its communities with ample data about successfully deterred hacks. Additionally, YDragon will be able to integrate the Lossless native token into its own staking protocol, as well as in future index offerings focused on crypto security solutions.

YDragon and Lossless are both committed to reducing needless exposure to risk in crypto currency investing, promoting each other’s unique value propositions along the way. This is sure to provide both companies added exposure in a sector of the crypto community that prides itself in exemplary due diligence.

About Lossless

Lossless is the world’s first DeFi hack mitigation tool for token creators. Through various methods of fraud identification, the protocol halts counterfeit transactions and automatically reverses any stolen tokens back to the original owner.

With our stake-based reward system, the community is encouraged to continue exploring ways to detect hackers and fake transactions. Lossless’ sleek and fluid dashboard interface also allows users to view transactions at a birds eye view.

To learn more about our project and join the community, follow us on our website and social media platforms below:

Website | Twitter | Medium | Telegram | GitHub

About YDragon

YDragon is a cross-chain index ecosystem with yield-bearing collateral, allowing users to gain exposure to different DeFi niches across a multi-chain environment. Our smart revenue generating protocol manages underlying assets.

Not only do investors get diversified exposure to the best of what’s offered on a selection of blockchains, but they also have the luxury of benefiting from the most trusted and lucrative yield farming protocols around, ensuring a passive income on their investment.

Find out more about YDragon on our website.

Follow YDragon on Twitter, Telegram, and Telegram Announcement.

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