Amulet Protocol — Decentralized risk protection protocol deployed on the #Solana blockchain. The main function of the project is to provide simple and reliable coverage for everyone in #web3
And the Protocol does a great job with that. It has implemented risk coverage for smart contracts vulnerability and depegging of stablecoins. Other types of coverage for NFTs, wallets and metaverse are under development.
But the project is not limited to coverage only. The model of underwriting and claims allows users to take an active part in the formation of insurance pools and storages while earning their own income. So, for example, users can make #Staking in one of 14 available protocols and get #APY of 18–22%.
And thanks to the new TNT Vault product, it is now possible to act as an underwriter in covering the risks of depeg stablecoin. Profit for a few days can reach more than 10%, as it was recently. It should not be forgotten that the underwriter assumes the risks in case of a depeg and trigger price.
By providing protection and tools for earning money the project also strives to develop a competent community. Bounty program AmuNation v2 aims to rally around the project the most loyal users and generously reward them for their contribution to the development of the project. So monthly users get valuable #NFT and $USDC as a reward for simple actions, but very useful for the project.
In addition to the bounty program users can realize themselves from the creative side and contribute to the development of the project through content and attendance at discord events of the project. And for active participation they grow up the career ladder and get appropriate roles from Contributor to paid role of Ambassador
Thus Amulet includes: an innovative product that can provide protection in web3, tools to earn money and an incredible community that supports the project.
You can become part of this community.