Greetings to all readers, the topic of today’s discussion will be an overview of the Amulet Bounty program. Let’s see what Amulet is and what distinguishes it from its competitors.

Amulet Protocol was announced back in April 2022. Recently, the Amulet community has grown tremendously and today there are more than 20,000 people in the Discord channel. Amulet Protocol (“Amulet”) is a decentralized risk protection protocol (“RPP”) that was created for Rust-based ecosystems. Amulet’s vision is to offer simple and reliable coverage for everyone on Web3. With the addition of Amulet, users across the Rust-based ecosystem will have access to a new way to hedge various risks through coverage product offerings.

DISTINCTIVE FEATURES OF AMULET PROTOCOL

Cover

Only 2% of digital assets in our industry are protected. Amulet Protocol offers additional protection to your digital assets with an array of solutions including smart contract vulnerability, stablecoin de-peg and NFT cover options.

Stake

Easily stake with peace of mind on Amulet Protocol. Amulet Protocol has 3 layers of protection between claims and assets. Staking is easy to do and more importantly, with the highest level of security behind it.

Earn

Amulet Protocol is built on advanced technology. Our hybrid claims management will see full automation on situations such as a trigger of a stablecoin depegging leading to payouts. Amulet Protocol also manages claim payouts through its DAO model.

PARTNERS AND INVESTORS

More than $6 million has been invested in the project, which shows that the Amulet Protocol team is focused on creating a large and high-quality product that will solve Web 3 security problems and perform its tasks. Investors are such large and well-known companies as: gumi Cryptos, Solana Venturess, DeFiance Capital, Animoca Brands, and so on. Partners are: Serum, Port, Tulip, Francium, Deltaone, Kudelski Security.

BOUNTY PROGRAM

Currently, you can participate in the Bounty program from Amulet Protocol. The program has different types of tasks, all of them are quite simple and within the power of everyone, their implementation will not take you much time. Let’s take see at some of the tasks that you can complete in the Bounty program for example: subscribe to twitter, discord, make a meme, write a blog post about AmuNation Community and etc.

WHAT REWARDS CAN YOU GET BY PARTICIPATING IN THE BOUNTY?

There are 5 levels in total, for reaching the levels you can get the following rewards:

Level 1 “AmuNation Beginner” (500 Amupoints): allocation to sale tokens $AMT

Level 2 “AmuNation Student” (2500 Amupoints): 5 $AMT + 25% bonus for secret airdrop

Level 3 “AmuNation Expert” (5750 Amupoints): Bronze NFT AmuNation Expert (NFT cost is 2.5 SOL)

Level 4 “AmuNation Master” (14500 Amupoints): Silver NFT (NFT cost is 5 SOL)

Level 5 “AmuNation Mhytical” (39000 Amupoints): Gold NFT (NFT cost is 20 SOL)

In conclusion, I would like to say that the prospects of the project are very high, since Amulet is the first project in the risk protection industry. The Bounty program has started quite recently and you have the opportunity to get good rewards for doing simple things.