Amulet Protocol
Amulet Protocol announces a strategic partnership with Project Serum, who continue BUIDL on Solana
Amulet and Serum are pleased to announce their formal strategic partnership, strengthening ties with the Solana ecosystem.
Simple, reliable insurance for Web3 meets faster, cheaper and more powerful DeFi as Amulet and Serum announce their official partnership.
Amulet will launch on the main network in late September, initially on the Solana blockchain, and then become a true cross-chain coverage protection solution. Serum is a protocol and ecosystem that provides unprecedented speed and low transaction costs for decentralized finance.
Serum was created on the Solana blockchain and is completely permissionless. Serum has watched DeFi grow over the past couple of years, especially the growth of DEX on Ethereum, and noticed limitations for users and developers due to exorbitant gas fees and slow transactions. As a result, Serum was born to address these issues and improve issues of centralization, capital inefficiencies, and liquidity segmentation.