According to Odaily, the development team of Amulet, a DeFi insurance protocol based on Solana, has collaborated with researchers from Purdue University and Illinois State University. The collaboration resulted in the publication of an analytical framework report on digital asset risks in top journals of the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS).
The research integrates the perspective of actuaries and provides a detailed introduction to digital assets and their associated risks. The report, based on qualitative analysis, offers practical applications such as pricing strategies and tail risk management through quantitative frameworks like the frequency-severity model and Monte Carlo statistical simulations.
The aim of this research is to enhance the insurance industry's understanding, modeling, and management capabilities of digital asset risks. It also seeks to provide more solutions to improve the safety of the digital asset industry.