Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: vinco8755 on October 16, 2022, 02:13:55 PM
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The Amulet Protocol was created to protect Web3 users' digital assets. The protocol was announced in April 2022 and is designed for the Rust ecosystem, including the Solana blockchain. Its developers created an innovative risk prevention system, which is designed to solve current RPP problems and set a new stage in the development of technologies related to tracking and eliminating any threats. One of the key ones is the problem of risk underwriting sustainability.
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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I think amulet protocol is one of the most promising platforms now. Mainnet, the main network, has already been launched there. New tasks are added every day and you can get different roles. I participate and advise too.
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I am also an amulet for about a month now, I believe that the system of stinging risks in de-fi is something new in and promising
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I would like to present to your attention the future of DeFi on Solana.
A promising project with an excellent team and a rapidly developing community.
Now the bounty program is running, thanks to which you can learn more about the project and receive prizes in the future.