AMULET PROTOCOL
What is an amulet (AMT)? AMT. Cryptocurrency details
What is an amulet?
Amulet Protocol is Defu’s first insurance protocol for the Rust-based ecosystem. The project will initially run on the Solana blockchain and provide an insurance solution for everyone in Web3.
As Solana has become the primary Tier 1 solution, Amulet anticipates the need for insurance and other risk management solutions in Solana and broader Rust-based ecosystems to soon see their own boom.

This presents Amulet with a huge opportunity to meet the market’s growing need for security. The project is also backed by Solana Ventures, which is also an investor in the project.

What’s special about Amulet?
Some of Amulet’s key features are
A planned ecosystem with multiple tokens.
Users can protect the blockchain in multiple ways with a protocol that protects investors and secures payments using a protocol-controlled underwriting value (PCUV) unique to Amulet.
Provide smart contract assurance and cancel stablenecking of stablenecking. Soon we will provide real estate insurance for NFT, Metaverse and fi game.
A multi-chain and scalable strategy focused on the Rust ecosystem.
PCUV summary.
Underwriting and claims are at the heart of any insurance business. However, all existing Decentralized Finance Insurance (DeFi) protocols face a major sustainability challenge in terms of underwriting and claims.

Amulet is creating the industry’s first PCUV approach. In it, Amulet will create its own underwriting capability and present a claims structure that includes multiple levels of completion. This is a significant departure from established underwriting outsourcing models from capital providers to a more sustainable underwriting structure and protocol-based claims.

PCUV accumulates a pool of secured income claims — a pool of earnings claims, treasuries and other classes of reserves to mitigate losses from deposit capital. In other words, the protocol develops and manages risk on both sides of the bilateral insurance market (for users and creators).

Thus, a larger asset base generates more platform income, which is loaded to users -> This attracts more capital -> All while balancing the needs of platform users one by one in a sustainable manner.

AMT Tokenomics
Key Metrics.
Ticker: AMT.
Blockchain: Solana.
Standard token: SPL.
Token type: utility, management.
Total supply: 1,000,000,000 XNUMX AMD.

Example of token usage.
Contribute to the protocol management of development initiatives, including use of funds, reward distribution plans, plans, etc.
Revenue Sharing: Amulet will share the revenue generated with the AMT token holder. A portion of the treasury revenue will go to long-term AMT holders.
Future AMT Reward Increase: Initial parameters will have a set of staker reward levels.
Membership and Loyalty Program: Amulet will create a membership and loyalty program for token holders.

Hosting AMT brand wallet
You can save to Coin98 wallet.

Enter the Coin98 wallet referral ID as “C98NBDN89Q” to support BTA.

Team Amulets

Amulet is built from the ground up and led by Rupert Barksfield, a serial entrepreneur with more than 15 years of experience in technology who started cryptocurrencies in 2016.

Investors
Amulet successfully raised $6 million in its first funding round. The seed round is led by Gumi Cryptos Capital, joined by Republic Capital, Solana Ventures, DeFiance Capital, Animoca Brands, UOB and Signum Ventures, Mirana Ventures.

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