Amulet Protocol is ?

Maximum protection and yield with Protocol Controlled Reserves

Amulet Protocol

(“Amulet.org”) is a decentralized risk protection protocol (“RPP”) built for Rust-based ecosystems, starting with the Solana blockchain. Amulet has designed an innovative and open risk protection model which not only effectively addresses the common challenges of existing decentralized RPPs, but also creates a new paradigm shift for the whole risk protection sector.

Amulet’s vision is to offer Simple, Reliable Cover for everyone in Web3. With the addition of Amulet, users in the entire Rust-based ecosystem will gain access to a new way to hedge various risks with cover product offerings.

Stake in amulet

$amtSOL represents users’ ownership of their staked $SOL in Amulet’s staking pool. Amulet takes the staked $SOL, delegates them to validators through an algorithmic delegation strategy, and auto-compounds the staking rewards to boost returns.

As a liquid staking token, users can also trade $amtSOL on open markets or have them staked on other DeFi platforms for extra returns.

Cover

Users can buy cover to be eligible for compensation should they suffer losses from a claimable risk event. Please read more on our Claim Assessment processes here.

Risks Covered

As a summary, Amulet will offer risk protection for:

Smart contract vulnerability exploits

Stablecoin de-pegs

Slashing

NFTs (in development)

Metaverse (in development)

Wallets (in development)

Connect amulet protocol on socials

below our official links:

Website: https://amulet.org/

Blog: https://amulet.org/blog/

Twitter: https://twitter.com/amuletprotocol

Telegram Announcement: https://t.me/amulet_announcement

AmuNation: https://amunation.amulet.org

Documentation: https://docs.amulet.org/