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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Amulet - defi web3 cover protocol on: September 28, 2022, 08:25:34 AM
Amulet
Amulet will adopt a cross-chain strategy and deploy it to other ecosystems not based on the Ethereum virtual machine along the way.

But most importantly, Amulet gives users the opportunity to help protect the blockchain by participating in liquid betting and insurance, which will again be done through a single protocol. Thus, Amulet will be designed with transparency in mind, with a focus on developing the project in collaboration with the security community.

If you know English well, you can carefully read the infographic below, which schematically explains the structure of the protocol process.
Positively, we can distinguish 3 main areas of the protocol, these are:

Insurance — the ability to protect the value of your assets with: smart contract insurance, stable coin depeg insurance and NFT insurance.
Steering — the ability to put your assets in Amulet with peace of mind. Amulet is the only insurance protocol that includes 3 levels of protection between claims and your assets.
Earnings — Hybrid claim management: automatic payouts when you depeg stable coins and claim management when you confirm DAO.
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