Introducing Amulet protocol,

The decentralized risk protection protocol (RPP) designed for the Rust-based ecosystem, starting with the Solana blockchain. Amulet sets itself apart with its innovative and open risk protection model that not only effectively tackles the common challenges faced by existing decentralized RPPs but also brings a paradigm shift to the entire risk protection sector.

In the world of risk protection, underwriting and claim management are fundamental. However, decentralized finance (DeFi) RPPs have struggled to achieve sustainability in these areas. Amulet aims to overcome this challenge by introducing a groundbreaking approach called Protocol-Controlled Reserves (PCR). Under this model, Amulet will build reserves and implement a unique Yield Backed Claim (YBC) method for the claims structure. This marks a significant departure from the traditional practice of relying solely on underwriters’ capital for claim payouts.

Amulet’s PCR approach ensures a more sustainable and robust risk protection system within the industry. By creating reserves and leveraging yield generation mechanisms, Amulet.org enhances the stability and reliability of its risk underwriting and claim processes.

To learn more about Amulet’s innovative risk protection model and the PCR approach, check out our detailed post on social platforms.

Please see below our official links:

**Main Links**

Website:here

Blog:here

Twitter:here

Telegram Announcement: here amulet_announcement

AmuNation:here

Documentation: here

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