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Author Topic: You fav protocol on solana?  (Read 425 times)

Offline vinco8755

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You fav protocol on solana?
« on: September 25, 2022, 02:33:37 PM »
The Amulet Protocol was created to protect Web3 users' digital assets. The protocol was announced in April 2022 and is designed for the Rust ecosystem, including the Solana blockchain. Its developers created an innovative risk prevention system, which is designed to solve current RPP problems and set a new stage in the development of technologies related to tracking and eliminating any threats. One of the key ones is the problem of risk underwriting sustainability.

Amulet offers a simple and effective way to combat them, based on a new protocol-controlled underwriting (PCU) approach. Other existing protocols rely on external underwriters, making them less reliable. The new model also has the potential to scale steadily. The protocol is capable of preventing smart contract exploits, stabelcoin tethering, slashing, and more.

The protocol offers users not only a high degree of security, but also the ability to earn tokens through stealing. It has 3 levels of protection between claims and assets, so users' funds are secure. Interestingly, all transactions are automated, and Amulet Protocol manages claims payments through its DAO model. These advanced technologies make it even more secure.

At the moment, the #DevelopmentTeam  decided to gamify the process of rewarding users and released the AmuNation app. Thanks to its use, the community is growing steadily and the risk of tampering or using robots is much lower. Communities on social networks are also growing. All this shows that the project is interesting for the cryptocurrency community, which means it can be called promising.

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You fav protocol on solana?
« on: September 25, 2022, 02:33:37 PM »

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Offline Jenny Jey

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Re: You fav protocol on solana?
« Reply #1 on: September 27, 2022, 01:33:27 PM »
I am very interested in the Amulet project, which is an insurance and risk coverage protocol for digital assets. The protocol covers some of the most common risks at the moment - Smart contract exploits, stablecoin de-pegs, slashing, and more to come (NFT, Metaverse, and wallet protection currently in development)., it is the first insurance protocol in Solana.

Offline KinGeri

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Re: You fav protocol on solana?
« Reply #2 on: October 02, 2022, 12:03:18 PM »
Amulet Protocol. This is a really cool project with an incredible team! They released the application to the main Solana network in a very short time. And it's impressive!
Recently, the project team was in Singapore and presented their project to a huge audience. They have received many contacts from other projects and are ready to cooperate with them.
And boom! The amulet logo appeared on one of the Formula 1 cars. I couldn't even think about it! It looks really cool.

Now everyone can use the application "Amulet Protocol". It is available at: app.amulet.org

 

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