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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