Just curious, guys. What projects have caught your attention on Solana lately? It seems like there's a lot of exciting stuff happening on this chain, most of which I'm not aware of.
Personally, I've been exploring a few new projects on Solana, and one that stands out is Amulet Protocol. It's a yield protocol with built-in risk protection, using a "Risk-Adjusted Yield" approach to balance potential gains with peace of mind. Additionally, they have this "AmuShield" feature that monitors your assets 24/7 and triggers emergency retrievals if something goes wrong. It sounds pretty cool for someone like me who's always a bit nervous about DeFi.
Their token is currently listed on major exchanges like Bitget, Gate, and more. However, the token serves various crucial roles within the protocol, extending beyond being a trading asset. It participates in governance, incentivizes depositing into their vaults, and allows users to earn rewards.
So, just putting AMU out there as a potential watchlist contender. What do you guys think?