Introducing Amulet Protocol

[0406Antoxa1982]

Introducing Amulet’s 2022 – 2023 Roadmap



Amulet Protocol is pleased to launch its public roadmap – providing insight into the coming months plans for our investors, users, and communities!

Amulet Protocol’s current development is focused on our mainnet launch. From there, we will work diligently to continuously improve, aiming to be the main cover solution for DeFi.

The team has great ambitions matched with a mentality to exceed them. Below is a lowdown of the expected plans from our project announcement in April 2022 until Q2 of 2023.



Q2 – 2022:

Project Announcement to Public – 20/4 in Amsterdam ✅

Defining the claim process and how it would work ✅

Working out the mechanics to allow for automation with our Stablecoin Depeg offering ✅

Q3 – 2022:

Finalise the design for our cover offering ✅

Undertake Code Audit and Threat Analysis, this is being done by Kudelski Security ⏳

TestNet Launch (Expected 1st September 2022) ⏳

V1 MainNet Launch (Expected end of September 2022) ⏳

Complete our Risk Assessment process (How we analyse and score for premium) ⏳

Q4 – 2022:

Launch of our Analytics and Command Center 🔜

Launch of our Bug Bounty Program 🔜

Q1 – 2023:

Additional Offerings (original offerings in September are Smart Contract Vulnerability and Stablecoin Depeg) 🔜

Enabling Amulet Notifications on our dApp 🔜]

Amulet Stable Asset Pools launch 🔜

This Roadmap is subject to flexibility; however, we will be sure to communicate any changes to our community first. 

We are looking forward to achieving these milestones and they wouldn’t be possible without the support that we’ve already received. 

If you have questions or want clarification on any of the milestones we aim to achieve in the coming months, join the conversation on Discord:  https://discord.gg/uVnYPMB9DS

For latest news and updates:

Website: https://amulet.org/
Blog: https://amulet.org/blog/
Twitter: https://twitter.com/amuletprotocol
Telegram Announcement: https://t.me/amulet_announcement

[0406Antoxa1982]

Amulet Protocol confirms strategic partnership with Project Serum as they continue to BUIDL on Solana



Amulet and Serum are delighted to announce their official strategic partnership, strengthening ties to the Solana ecosystem. 

Simple, reliable cover for Web3 meets faster, cheaper and more powerful DeFi as Amulet and Serum announce their official partnership. 

Amulet will launch on the mainnet at the end of September, initially onto the Solana blockchain before moving on to become a true multi-chain cover protection solution. Serum is a protocol and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. 

Serum was built on the Solana blockchain and is completely permissionless. Serum observed the growth of DeFi over the last couple of years, particularly the growth of DEXes on Ethereum, and noticed limitations for users and developers due to the extortionate gas fees and slow transactions. As a result, Serum was born to solve these issues and to improve issues of centralization, capital inefficiency and liquidity segmentations.

 
Launching as one of the first major open-source projects on Solana, Serum has a variety of offerings:

*  Serum Core – Asset Agnostic order book for matching any Solana-based trading product. Serum’s backend matching engine is perfect for both financial and non-financial instruments.

*  True Composability – Serum’s architecture makes it possible for a diverse range of applications and participants to share middleware in one place.

*  Developer Ecosystem and Services – Serum offers a decentralized on-chain order matching service giving full control to developers. Serum DEX also offers a greater source of pooled liquidity. 

*  Serum Token (SRM) – SRM is the utility and the governance of the Serum ecosystem and is fully integrated to benefit from buy/burn of fees.

*  Solana Speeds and Costs – Like Amulet, Serum uses Solana due to the extremely low transaction costs and the speed of the platform.

Amulet has been keeping a close eye on Serum since their August 2020 launch and the success of the project encouraged us to embark on our own journey. 

Like Serum, Amulet was watching the growth of DeFi, and later, DeFi protection options throughout 2020 while also keeping a close eye on the Solana ecosystem. 

The low fees and high speeds encouraged Amulet to take their learnings from others and create the first DeFi cover protection protocol for Rust-based ecosystems. Amulet has also redefined the cover protection model with their unique PCUV (Protocol Controlled Underwriting Value) solution. 

Both companies wanted to announce this partnership as they share the same ultimate vision for the industry – to drive to global mass adoption of web3 and DeFi. 

This partnership announcement is the catalyst to working on that vision together. Both companies will unite in collaborating against DeFi exploits, raising the profile of the Solana ecosystem and BUIDLing a strong future for the entire industry.

“I’ve been wanting to announce this partnership since before we even announced Amulet! I’ve been closely following Project Serum for many months and now leading to years. The team are incredibly experienced and passionate, and we feel that we could work together on a variety of activities to drive DeFi mass adoption, even during these complicated times!” Rupert Barksfield, Project Lead, Amulet


For latest news and updates:

Website: https://amulet.org/
Blog: https://amulet.org/blog/
Twitter: https://twitter.com/amuletprotocol
Telegram Announcement: https://t.me/amulet_announcement

[0406Antoxa1982]

Amulet Protocol and Kudelski Security announce new strategic relationship to tighten security within web3



Protecting assets has existed since before records began. As long as items or possessions have existed, there has also been the need to ensure that they are safe. Now, two companies with a heavy focus on security have confirmed their official partnership, Amulet Protocol and Kudelski Security. 

Designed during the DeFi boom of 2020, Amulet has been observing the various hacks and exploits over recent months and years and decided to take significant action with their project launch. Due to launch in September on the Solana blockchain, Amulet Protocol offers simple and reliable cover for everyone within web3.

Amulet will initially provide smart contract vulnerability and stablecoin depeg cover to protect users that hold crypto assets within specific protocols. Due to the innovation and power of Rust-based ecosystems, Amulet will move towards providing protection options for NFTs, GameFi and across the Metaverse. 

Kudelski Security is a leading cybersecurity company with one major goal – to disrupt the cybersecurity status quo. Experts within the field, Kudelski provides support enhancements towards cyber confidence, threat resilience and data protection. 

As a result of this relationship, Kudelski has already started advising Amulet and are working behind the scenes to ensure that Amulet’s product security is market ready and robust. Kudelski Security and Amulet are working together right now on auditing the smart contracts. Work will continue over the coming months and years to ensure that protection is at the forefront and any potential exploiters are deterred. 

Kudelski Security understand the power of blockchain technology and have spent the last few years becoming experts within this industry. The cybersecurity giants maintain over 400 technical, product and security industry certifications and are one of the most trusted firms within the space.

“This partnership is incredibly important and exciting for the Amulet team. As we assess our options pre-launch, we understand how significant it is to have a powerful, exploit-deterring and trusting product. Kudelski Security is a company that we know very well, and we’ve developed an element of trust built on their passion towards protecting assets and users. We love working with anyone who wants to destroy malicious attacks as much as we do!” Rupert Barksfield, Project Lead, Amulet Protocol

About Amulet:

Amulet is a decentralized cover protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open cover protection model, which not only effectively addresses the common challenges of existing decentralized cover protocols, but also creates a new paradigm shift for the whole insurance sector.

Amulet is creating the industry’s first Protocol-Controlled Underwriting (PCU) approach, in which Amulet will build up its own underwriting capabilities and introduce a claim structure involving a unique Yield Backed Claim (YBC) method. This is a significant deviation from the incumbent cover models of renting underwriting capability from capital providers to a more sustainable underwriting and claim structure controlled by the protocol. The vision of Amulet is to offer simple, reliable cover for everyone in Web3. With the addition of Amulet, users in the entire Rust-based ecosystem will gain access to a new way to hedge various risks with protection product offerings.

Join Amulet community:

Website: https://amulet.org/

Blog: https://amulet.org/blog/

Twitter: https://twitter.com/amuletprotocol

Telegram Announcement: https://t.me/amulet_announcement

[0406Antoxa1982]

Social Media Report – July 2022

Amulet Protocol was announced as a project in April 2022. We have been working on growing our social channels organically and here is our lowdown of what went on during the month of July.

Amulet is tweeting daily and our community use Discord as their main form of communication. We also have a Telegram Announcement channel and YouTube channel which aren’t pushed as much but content is flowing.

Access our Twitter here:  https://twitter.com/AmuletProtocol

Join our Discord server here: https://discord.gg/uVnYPMB9DS

Follow our Telegram Announcements: https://t.me/amulet_announcement

Subscribe to our YouTube channel here: www.youtube.com/channel/UCHSHZVTy0c3RcKT9-HdOtjA

Ibn July, we also started publishing our news on Linkedin, you can follow our Linkedin company profile here: https://www.linkedin.com/company/amuletprotocol/

July highlights:

All the social media activity is still organic. We haven’t spent money on boosting our social networks and we also haven’t created any competitions or incentives to encourage users. We will be introducing this in August, ahead of our testnet launch and we have already set up specific elements to try and keep the followers gained from this to be genuine and real.

*  Month to month increase on all parameters: Tweets sent, Twitter followers gained, Tweet impressions, Twitter mentions and Verified
    Discord Members.
 
*  Twitter Mentions had an astonishing increase in July (highly likely due to external AMAs) of 330.1% from the previous month.

*  Followers on Twitter have also seen a consistent increase from the previous month of 17.2%

*  We actually gained more followers than the statistics suggest, we also noticed that followers were lost, through deleted accounts or
    Twitter removing accounts.

We implemented a strategy to improve the Discord experience for the Amu-Nation.

Twitter July highlights:

Our “Most Successful” Tweet of July was our recent partnership announcement with Port Finance. It was the most engaged Tweet of the month:

https://twitter.com/AmuletProtocol/status/1544682533941542917?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1544682533941542917%7Ctwgr%5Eb239dea46e6b11ef0947b8835d80b94b79998e66%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fap-wa-blog-admin-2.azurewebsites.net%2Fsocial-media-report-july-2022%2F



Our “Most Successful” Twitter Mention that brought the most traction to our profile was regarding our recent partnership announcement with Francium:

https://twitter.com/Zebec_HQ/status/1546879556056977408?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1546879556056977408%7Ctwgr%5Eb239dea46e6b11ef0947b8835d80b94b79998e66%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fap-wa-blog-admin-2.azurewebsites.net%2Fsocial-media-report-july-2022%2F



Discord July Updates:

We’ve been working really hard to make Discord the true home of the Amu-Nation 🧿

Updates include:

*  Increase in language channels. Chats are now available in Chinese, Korean, Polish, Russian, Spanish, Turkish, Ukrainian and
   Vietnamese.

*  Introduction of “Community Champions” as we prepare to release our community incentive program

*  Installation of bots to make life easier: Invite tracking, Twitter bot, Solana price bot, Ticket system (more to come!)

Our bi-weekly AMA’s are also improving on numbers. We had our record attendance on July 19th with over 25 listeners at one point. We’ve never incentivised or created a competition for our AMAs. Although the number is fairly moderate, we know that all the listeners are genuinely interested in Amulet Protocol.

Join Amulet community:

Website: https://amulet.org/

Blog: https://amulet.org/blog/

Twitter: https://twitter.com/amuletprotocol

Telegram Announcement: https://t.me/amulet_announcement

[0406Antoxa1982]

Amulet forms an official partnership with Taksh, a cross-chain gamified yield aggregator using Solana to BUIDL

Amulet Protocol 👉 https://amulet.org/
and Taksh 👉 https://www.taksh.xyz/ are pleased to confirm their strategic partnership focused on protecting users against exploits. 

Amulet has confirmed its official partnership with Taksh, a cross-chain gamified yield aggregator on Solana. 

Taksh is a Sanskrit word meaning “to invent” with an additional definition being “a great champion”. The extraordinary team behind their project are “inventing” on the Solana blockchain (like Amulet), taking advantage of its fast transaction speeds and low gas fee rates. Understanding that even great champions need protection, Taksh were keen to partner with Amulet with a focus on security and the safety of their users. 

Both projects are united in their vision of mass adoption of DeFi and Web3. Taksh recognizes that easy to track and easy-to-leverage yield is critical for this to become a reality. 

Yield Aggregators have gone a long way since their introduction to the space but there are still problems that need to be rectified. As of today, aggregators do not diversify yield sources, they do not currently support cross-chain deposits, there is a lack of gamification and fail to leverage all DeFi strategies. Taksh has been born to combat these issues. 

Taksh is built on Solana with available cross-chain technology and best yield strategies to generate higher yields for its users. At the same time, Taksh gamifies user participation through weekly raffles where part of the yield protocol generated is given away as a prize. An opportunity to win additional yield provides an exciting incentive for anyone who wishes to use their platform. 

Amulet is a DeFi insurance protocol for Rust-based ecosystems and is also being built on the Solana blockchain. The vision for Amulet is simple – providing reliable insurance for everyone in web3. 

With a mainnet launch scheduled for September, Amulet will strive to protect as many users as possible as they redefine the insurance industry with the PCUV (Protocol Controlled Underwriting Value) model. Launching initially with smart contract vulnerability and stablecoin depeg cover, Amulet will look at opportunities to protect users across the whole metaverse. 

Both projects have formed their official partnership to collaborate and develop together on Solana while also looking at how Taksh users can be protected by Amulet at launch. Being able to provide additional security options is vital for Taksh users to have peace of mind with their activities. More information will be announced about this in due course. 

Both projects will continue to support each other until then and look at solutions to enable overall growth within the industry.

“We are really excited about our partnership with Taksh. The team behind the project is extraordinarily talented, achieving things at young ages that many would never achieve in a lifetime. We are keen to work with projects that offer gamification as we see the potential in user experience and bridging that gap between those moving away from web2 and into web3. Projects like Taksh provide an environment where there could be a massive influx of users in a short space of time, we wanted to partner with them now so that we can continue to work behind the scenes to ensure the best solution for protecting these users.”

Rupert Barksfield, Project Lead, Amulet

Join Amulet community:

Website: https://amulet.org/

Blog: https://amulet.org/blog/

Twitter: https://twitter.com/amuletprotocol

Telegram Announcement: https://t.me/amulet_announcement

[0406Antoxa1982]

Amulet Bi-Weekly Report #4 (August 16th – 29th)

Following on from our latest bi-weekly report published on August 15th, we’re pleased to provide our latest update on the work going on behind the scenes as we continue to BUIDL. We hope this gives you an insight into some of the activities that we are working on and a reference for our recent major news.


Product and Technology

*  Finalising details in time for testnet launch (should be available to AmuNation members within the next week)

*  Ongoing smart contract audits (final reports coming through and discussions with Kudelski)

*  Ongoing website development.

*  Ongoing SEO development.

*  Ongoing discussions with the Solana team.

*  Ongoing discussions with security partners.

*  Ongoing claim process front/mid-end integration work.

*  Ongoing design work for future NFTs

*  UI/UX and fundamentals work for an upcoming bounty program.


Marketing and Business Development

*  Conducted an AMA with our community on Discord

*  Launched our official 2022-2023 Roadmap

*  Launched a new informative blog post about Keeping Crypto Safe

*  Conducted an AMA with the CryptoBirds Community

*  Confirmed our official relationship with Kudelski Security

*  Ongoing Blog development

*  Ongoing Twitter and Discord development

*  Ongoing community engagement development

*  Integrated new robots for better community experience on Discord

*  Introduced roles for early contributors on Discord.

*  Game Nights for AmuNation – Poker and Smash Karts

*  Hit our 2k Twitter followers target

*  Hit our 2k Discord members target

*  Launched and completed a competition for designing our 2k banners.

*  Introduced Indonesian, Hindi and Kazakh channels for those wishing to discuss Amulet in those languages

*  Ongoing marketing discussions with potential partners.


Social Media Statistics

*  Twitter Followers: 2712 (+836)
*  Verified Discord Users: 2629 (+947)
*  Telegram Announcement Followers: 737 (+184)


Join Amulet community:

Website: https://amulet.org/

Blog: https://amulet.org/blog/

Twitter: https://twitter.com/amuletprotocol

Telegram Announcement: https://t.me/amulet_announcement

Discord : https://discord.gg/uVnYPMB9DS

[0406Antoxa1982]

Amulet Social Media Report – August 2022

Amulet Protocol was announced as a project in April 2022. We have been working on growing our social channels organically and here is our lowdown of what went on during the month of August.

Amulet is tweeting daily and our community use Discord as their main form of communication. On August 30th, we launched the AmuNation app, our fun bounty campaign to engage our community through daily rewards and tasks.

Make sure to follow our socials here:

Access our Twitter here:  https://twitter.com/AmuletProtocol

Join our Discord server here: https://discord.gg/uVnYPMB9DS

Follow our Telegram Announcements: https://t.me/amulet_announcement

Subscribe to our YouTube channel here: www.youtube.com/channel/UCHSHZVTy0c3RcKT9-HdOtjA

Follow our Linkedin company profile here: https://www.linkedin.com/company/amuletprotocol/

Subscribe to our Soundcloud here: https://soundcloud.com/amuletprotocol

******************************************************************************

August Highlights:

August has been a solid month of growth from start to finish. Organic growth has always been fundamental to the beginning of our journey and we set ourselves a target to hit 2k in followers for both Discord and Twitter for August.

Before the launch of the AmuNation app, we had been doing very well. We managed to achieve that target on the 20th August and with the help of external AMAs and community building, we gained 1k new followers in less than 2 weeks.

As part of this, we created a competition for our community to design the banner. Check out the winners:




👆Congrats to @dimajo26 who won our contest for banner design (voted by community) 🥇
Winning: 1 $SOL 💰



👆And a second winner 🥇 We were so impressed with the contributions, we also picked this effort to win the ‘chosen by the team’ special award 🚀 We love this design of @overcryptocal and @MET4BE4R 🧿
Thank you to the AmuNation for helping us reach 2k, here’s to the next 2k!

Following on from this, we launched our AmuNation app to our community on Tuesday 30th August. We decided to gamify our bounty campaign by creating competition. We also felt this was the best way to deliver an incredible campaign to our community while reducing the number of fakes and robots that exist. So far, we’ve had an excellent response and this has seen our statistics grow rapidly.

The stats below were accurate as of 8:00am CEST on September 1st 2022. By the time this has been written, the figures have also increased in their hundreds.


Amulet Protocol has seen massive growth within the month of August:

*  Twitter Followers have increased by 267.3%

*  That equates to 4211 new followers!

*  Twitter Impressions have increased by 43.9% from the previous month

*  The amount of mentions we’ve received on Twitter has increased by 923.3%

*  Our Discord verified members have grown by 294.1%


Along with this, our Telegram announcement channel and Linkedin has seen impressive growth figures despite being lower on priorities for exposure.

Our Twitter engagement has been consistent and high throughout the month of August. Before the bounty campaign, we had an organic Twitter engagement rate of 15-18% (Marketers usually expect between 0.5-1%).

*****************************************************************************************


Discord Updates:

The AmuNation is getting stronger and stronger each day. New community members are joining at a regular pace (excellerated in last 2 days but, like Twitter, the steady growth had been making strands beforehand. The introduction of Martin as Head of Community and introduction of our first roles has seen the team struggle to keep up with all the dedicated contributions that are flying in.

There’s always a conversation flowing and not only in English. We create language channels when the requests come in. We’re seeing that this tactic has created the environment we want, a place for everyone in web3. We expect to add another 4 languages to the server in the next few days.

With the introduction of games night, competitions for banners, GIF requests from the team, AMAs, we’re seeing high engagement within our server and we’ve got some really dedicated community champions helping us to provide the best experience.

This community effort came to light in the middle of August. As our server was gaining popularity, spammers and scammers came to exploit. We were able to deal with this incredibly quickly and removed all the “bad eggs” in a smooth fashion with the help of our community. We’ve also been able to introduce a channel to report anything suspicious.

We’ve also added ourselves onto the Discord directory and we’re pending approval to be a part of the Discord community program.

Our last bi-weekly AMA (no rewards attached) saw 69 attendees for the live event. Following on from that, 280 community members competed in our games night that same evening. We’re really happy to see record attendances every single week since we started.

Current Followers (as of 8am CEST 01/09/22)

Current Twitter Followers: 5786 (267.3% increase from July report)

Current Verified Discord Members: 5952 (294.1% increase from July report)

[Yumeko_OG]

Amulet & AmuNation.

Good day to all, and today I would like to tell you what is an Amulet and what is the AmuNation App.
To begin with, I would like to introduce you to the investors and partners of the project.

Amulet Social Media Report.

Amulet Protocol was announced as a project in April 2022. They have been working on growing our social channels organically and here is our lowdown of what went on during the month of August.
Amulet is tweeting daily and our community use Discord as their main form of communication. On August 30th, Amulet has launched the AmuNation app, our fun bounty campaign to engage our community through daily rewards and tasks.

What is Amulet?

Amulet is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.

What is PCU?

Amulet aims to build reserves that are controlled by the protocol with PCU, rather than renting capital from stakers as its primary underwriting source. Amulet believes this new model has the potential to scale sustainably.

Whats kinds of risks does Amulet cover?

Smart contract exploits, stablecoin de-pegs, slashing, and more to come (NFT, Metaverse, and wallet protection currently in development).

AmuNation.

Amulet Protocol was announced in April 2022 with our solution to provide simple, reliable cover for everyone in web3. The response has been exceptional and we’ve watched as the AmuNation (our community) has grown over the last couple of months. As a community-focused protocol, we’ve been working really hard behind the scenes to create a bounty experience unlike any other. We’re excited to launch our AmuNation App, a daily task/challenge application that helps you earn AmuPoints and turns our community building into a game. As this is a different concept, we’ve created this blog to help you understand what to do and how to get rewarded for all your work!
Access the App here: ht tps://amunation.amulet.org/

What is the AmuNation App?

AmuNation App is our application for the AmuNation (our dedicated community) to make it fun and appealing to promote our project while being rewarded with AmuPoints that can be collected and exchanged for eye-watering rewards. We believe this is the most cooperative way to build a community while also promoting the importance of Amulet Protocol and the impact it can have on the whole DeFi and Web3 industry. Our gamified community app has levels leading up to the most-rewarding Level 5. Each day, our community can return to the AmuNation App to complete simple tasks which will be rewarded with AmuPoints. The more points earned, the quicker you can level up. Each level within the app has its own rewards and the top 3 levels unlock incredible Amulet NFTs which have value and also increases the status of the community member. Our NFTs enable great perks and secures your place in the heart of the AmuNation. In simple, our AmuNation app is a bounty app that truly rewards the dedication of the hard work undertaken by the user.

Thank you so much for your attention, I hope I was able to explain the project in an accessible way.

Website: ht tps://amulet.org
Blog: ht tps://amulet.org/blog/
Twitter: ht tps://twitter.com/amuletprotocol
Telegram Announcement: h ttps://t.me/amulet_announcement

[antgnatov]

Amulet Protocol (hereafter referred to as Amulet) is a decentralized insurance protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open insurance model, which not only effectively addresses the common challenges of existing decentralized insurance protocols, but also creates a new paradigm shift for the whole insurance sector. Risk underwriting and insurance claim lies at the core of any insurance business; however, all existing decentralized finance (DeFi) insurance protocols have been facing a critical sustainability challenge for risk underwriting and claims. Amulet is creating the industry’s first Protocol-Controlled Underwriting (PCU) approach, in which Amulet will build up its own underwriting capabilities and introduce a claim structure involving a unique Yield Backed Claim (YBC) method. This is a significant deviation from the incumbent insurance models of renting underwriting capability from capital providers to a more sustainable underwriting and claim structure controlled by the protocol. The vision of Amulet is to offer simple, reliable insurance for everyone in Web3. With the addition of Amulet, users in the entire Rust-based ecosystem will gain access to a new way to hedge various risks with insurance product offerings.

The Amulet Governance Token ($AMT) will allow its user base to propose and vote on community proposals. These include, but are not limited to, future distributions of rewards, legality of claims, endowment requirements, list of new products, buyout thresholds, and changes to future protocol targets.

Official links of Amulet:

Website | Twitter | Discord | Telegram Announcements

[0406Antoxa1982]

AmuNation App – Introducing our Bounty Campaign

Amulet Protocol was announced in April 2022 with our solution to provide simple, reliable cover for everyone in web3. The response has been exceptional and we’ve watched as the AmuNation (our community) has grown over the last couple of months.

As a community-focused protocol, we’ve been working really hard behind the scenes to create a bounty experience unlike any other. We’re excited to launch our AmuNation App, a daily task/challenge application that helps you earn AmuPoints and turns our community building into a game.

As this is a different concept, we’ve created this blog to help you understand what to do and how to get rewarded for all your work!

Access the App here: https://amunation.amulet.org/


What is the AmuNation App?



AmuNation App is our application for the AmuNation (our dedicated community) to make it fun and appealing to promote our project while being rewarded with AmuPoints that can be collected and exchanged for eye-watering rewards.

We believe this is the most cooperative way to build a community while also promoting the importance of Amulet Protocol and the impact it can have on the whole DeFi and Web3 industry.

Our gamified community app has levels leading up to the most-rewarding Level 5. Each day, our community can return to the AmuNation App to complete simple tasks which will be rewarded with AmuPoints. The more points earned, the quicker you can level up.

Each level within the app has its own rewards and the top 3 levels unlock incredible Amulet NFTs which have value and also increases the status of the community member. Our NFTs enable great perks and secures your place in the heart of the AmuNation.

In simple, our AmuNation app is a bounty app that truly rewards the dedication of the hard work undertaken by the user.


What is the AmuBot?



This is a sophisticated piece of technology, only the BEST for the AmuNation. AmuBot is our robot on Discord that has been built to track and analyse activity. The AmuBot has the ability to count each message that you send within Discord and automatically rewards once you have achieved a milestone.

It simply relays this information back to the AmuNation app and ensures that you are definitely rewarded for your activity so that you can earn the AmuPoints and exchange for the rewards. It’s effortless and fun to earn your role, NFT or additional perk.


How do AmuPoints and AmuNation Levels work?



Fairness is at the front of our community reward program. We want to ensure that people are completing the tasks themselves and that they are fairly rewarded for their hard work.

As a result, we’ve implemented a points and level system. It’s designed to bring out that competitive streak deep inside of you.

The more tasks you complete, the more AmuPoints that you can earn. The more AmuPoints earned, the higher level you achieve, the higher level, the bigger rewards. It’s as simple as that!

As of the launch of the app, we currently have 5 levels that can be achieved:

AmuNation Newbie: The starting point for the AmuNation

AmuNation Beginner: Excellent start, Whitelist!

AmuNation Student: Getting better, Airdrop time!

AmuNation Expert: Wow, doing awesome, NFT Bronze!

AmuNation Master: Nearly a champ! NFT Silver!

AmuNation Mythical: AmuLegend! NFT Gold! Ultimate Rewards!

The most dedicated AmuNation members will receive the highest accolade for their true grit and determination in promoting Amulet Protocol to the max!

[0406Antoxa1982]

Happy Amu-Versary – One week since launching the AmuNation app




It’s been one week since we introduced our long-awaited bounty campaign – The AmuNation App.

At Amulet, we’ve always taken gamification very seriously and believe it is vital within web3. We didn’t want to launch “any old campaign”, we wanted something that our community could embrace and we’ve been ecstatic with the results so far.

The AmuNation app is a fun and engaging way to earn rewards while promoting our protocol. Tasks are updated regularly and AmuPoints can be earnt from a variety of tasks which could unlock some valuable perks such as NFTs. There’s also opportunities to try your luck and spin to win a jackpot every day.

Sign up/Log in via this link: https://amunation.amulet.org

To learn about the AmuNation app, refer to this blog post: https://amulet.org/blog/amunation-app-introducing-our-bounty-campaign/


Happy Amu-versary!

Members of the AmuNation will have received this email starting from today:



The OG’s will be celebrating their 1st week Amu-versary and we wanted to give you a low down as to how things are going!


Things to Note in the last 7 days:

Discord channel:

We’ve been astonished at the level of commitment from the AmuNation since launching this campaign. We’ve tried to accommodate the fast growth by incorporating a channel into our Discord dedicated to helping with queries specifically for the app.

To access it, enter our Discord: discord.gg/AmuletProtocol

The Team, Mods, Community Champions and Early Contributors are always available to help. You’ll also notice that our whole community is willing to help, if someone knows the answer, you’ll get the advice you need!

Fairness is priority:

The AmuNation exits because we believe in fairness and equality. We want to stop malicious violations within web3 and protect peoples assets. We are also very aware that people may try and cheat our campaign when the majority are competing fairly.

We are regularly checking the activity and the rewards earned. Many will have noticed that we had a contiguency in place if users abused the system and we were able to successfully identify and remove these “bad players” earlier in the week. If you feel that you have been wrongly affected, you can contact the team on Discord via #team-contact-request and we will be sure to action or provide clarity.

We will continue to monitor throughout this campaign.

The Stats:

This is the exciting part of this article, how well is the AmuNation campaign going? Our rapid community growth is evident but let’s delve into the geeky bit – the numbers!

In the week since launch:

*  Total Registered onto App: 25,184

*  Referral Rate per user: 11.22

*  Total actions completed: 178,576

*  Total actions per user: 12.57

*  Unique Jackpot players: 8,671

*  NFT rewards given: 41

*  Average AmuPoints per user: 646.42

*  Total Jackpot winners: 6160

These figures are amazing! A huge thank you from the whole team.

LFG! AmuNation

[0406Antoxa1982]

Why are you called Amulet?

An Amulet is a good luck charm. 🧿 It is an object believed to bring protection upon its possessor. We will protect those that hold cover through Amulet. This is why our logo is a circle and angle, the circle is the coin and the angle is the shield.

What is DeFi Insurance?

DeFi stands for decentralized finance. This means that we are not like a traditional centralized company owned by a few people that make all the decisions. but rather we want the protocol to be owned by all of its token holders, who come together for big decisions such as claim payouts. This makes us a community-focused project. This means that we will be open and transparent from day one.

What is a Protocol?

Protocols are basic sets of rules that allow data to be shared between computers. Our vision is to have a product owned and run by the community with full autonomy.

What are Rust ecosystems?

Rust is a programming language that is slightly more complicated and some would say provides a litte more control than solidity, the programming language that underpins Ethereum. The Rust ecosystem includes blockchains but isnt limited to: Solana, Terra, Near, Cosmos & Polkadot.

Why Solana?

Two reason:

1) Solana has been growing at 5x the rate of the Ethereum system at the same stage in its lifecycle, and as there were no native insurance protocols built on Solana for Solana it seemed like an awesome opportunity to be the first, along with that we loved the products and the ecosystem that had already been developed.

2) Solana operates a Proof Of Stake (this is how their blockchain works) chain and we run one of the validators for this chain that is core to our unique structure

Can you only insure things on built on Solana?

No, we can insure any protocol on any chain, but given that initially you have to pay in tokens native to the Solana ecosystem it is more likely that most of our customers will also be in Solana. Equally the majority of our deal flow is coming from Solana protocols wanting to insure their customers.

What is Smart contract risk?

When you stake /invest on protocols in the Defi space then your tokens are no longer in your wallet but rather in theirs. These are prime pickings for hackers who will try and exploit the smart contracts that these protocols have built in order to steal those assets.

What is Stable Coin de-peg risk?

Not all stable coins are built the same, some are backed 1:1 with the underlying currency, some are leveraged and some are algorithmic. When these mechanisms break or faulter the token will 'de peg' from the underlying asset. We insure for this event.

I hope this helps a lot of people for now, as mentioned we will bring more educational content over the coming weeks and months!

[0406Antoxa1982]

Amulet Bi-Weekly Report #5 (August 30th – September 12th)



Following on from our latest bi-weekly report published on August 29th 2022, we’re delighted to provide the latest updates on what’s been going on at Amulet over the last 2 weeks. We hope this gives you an insight into some of the activities that we are working on and a reference for our recent major news.


Product and Technology

*  TestNet launched and made open to public. (http://testnet.amulet.org)

*  Finalising Audit report with Kudelski, will be made public soon

*  Ongoing website development.

*  Ongoing SEO development.

*  Ongoing discussions with the Solana team.

*  Ongoing discussions with security partners.

*  Ongoing claim process front/mid-end integration work.


Marketing and Business Development

*  Launched our AmuNation App, our Bounty Campaign (http://amunation.amulet.org)

*  Released the guide to our AmuNation app (Read here)

*  Celebrating the success of the AmuNation app with our Amu-Versary blog (Read here)

*  Conducted our bi-weekly AmuNation AMA to a record attendance (Read the recap here)

*  Exclusively launched TestNet access to “Early Contributers” 24 hours early

*  Launched our TestNet publically (Read the blog here)

*  Published our August Social Media report (Check out the awesome stats here)

*  Improved our YouTube channel and published content (Subscribe here)

*  Ongoing Task improvement for the AmuNation app

*  Ongoing Blog development

*  Ongoing Twitter and Discord development

*  Ongoing Linkedin Development

*  Ongoing community engagement development

*  Integrated new robots for better community experience on Discord

*  Introduced roles for early contributors on Discord.

*  Successful AmuNation Poker Night with a large attendance

*  Hit 20k Twitter followers target

*  Hit 20k Discord members target

*  Implementing using more design work from the AmuNation for Amulet Social Content (including our new animated banner on Discord)

*  Introduced Azerbaijani, Belerusan, Bengali, French, German and Turkish channels for those wishing to discuss Amulet in those languages

*  Ongoing marketing discussions with potential partners.


Social Media Statistics (as of 08:30am CEST 12/09/22)

The number in brackets is compared to previous report, Linkedin and YouTube have been added starting this report.

*  Twitter Followers: 21,059 (+18,347)

*  Verified Discord Users: 20,040 (+17,411)

*  Telegram Announcement Members: 935 (+198)

*  Linkedin Followers: 5,665

*  YouTube Subscribers: 8,212

We will continue to update you on a bi-weekly basis. This is part of our core messaging to the AmuNation.

For ongoing Amulet discussions and to speak directly to our team, join our Discord here: discord.gg/AmuletProtocol

[0406Antoxa1982]

Amulet Explains: What is an NFT?



NFTs have exploded in popularity in recent times. Digital assets are being sold for millions around the world, and the term NFT is on everyone’s lips. But what exactly is an NFT? Are they the same as cryptocurrencies? Let’s find out why this type of digital asset has become so popular and what you can do to protect your digital assets.

WHAT IS AN NFT?

A non-fungible token (NFT) is a unique digital asset that can be traded online. NFTs are frequently traded with cryptocurrency and are typically encoded with the same software as many of the world’s most prevalent cryptocurrencies, highlighting the relationship between the two.

They first appeared in 2014, but NFTs have only recently captured the global imagination due to some of the eye-watering price tags associated with some purchases. For instance, a 2021 piece by Pak called The Merge sold for $91 million.

An NFT is usually one of a kind or at least one of a very limited run. They all come with identifying codes, which is what makes them unique. This posits NFTs in stark contrast to most digital creations, which are essentially infinite in supply. Even if you don’t own an NFT, you can still view it online, which leads to the question – why would anyone be willing to pay so much money for a digital item that everyone else can view for free?

It all comes down to ownership. When you buy an NFT, it is yours and yours alone. Just like buying an original piece of artwork, you have proof of authenticity that lies in the built-in authentication. For example, crypto entrepreneur Sina Estavi paid $2.9 million for Jack Dorsey’s first-ever tweet. He now owns a piece of digital history that can never be replicated, which is essentially the point of paying high sums of money for digital assets in the first instance.

ARE NFTS THE SAME AS CRYPTOCURRENCIES?

There are similarities between NFTs and cryptocurrencies, but they’re not the same, and the clue is in the name. Cryptocurrencies are fungible, meaning they can be exchanged for one another. For example, one Bitcoin will always be worth one Bitcoin. This is what makes cryptocurrency a trusted means of conducting blockchain transactions. On the other hand, NFTs are non-fungible, meaning they all have a unique digital signature, and they cannot be exchanged as equal to one another.

HOW DO NFTS WORK?

NFTs exist on a distributed public ledger called a blockchain. Most NFTs exist on the Ethereum blockchain, but they are supported elsewhere, too. They come in many forms, but it’s common to see NFTs in the form of digital art, GIFs, videos, virtual avatars, video game skins, and even music. The best way to understand NFTs is to consider them as collectables, only that they’re digital and not physical.

When they emerged in 2014, NFTs presented artists with a unique opportunity to earn money for their creations. Instead of relying on auction houses and galleries, people now have the opportunity to sell their digital creations online via a process that ensures their authenticity and guarantees payment.

PROTECT YOUR NFTS

When you buy an NFT, you need to make sure it is protected from potential cybercriminals and currently there aren’t many options. Amulet is a DeFi cover protocol for the Rust-based ecosystem, with initial deployment on Solana. In the future, we will protect a broad range of digital assets through our cover options, including against smart contract vulnerabilities and stablecoin depeg events and, also in the future, NFTs. Find out more about how our coverage works, and follow us on Twitter or chat to us on Discord to keep up with our latest developments relating to Web3 protection.

[Sazzad Khan]

Interesting...Amulet will solve which Luna to do