Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Klimovich on January 03, 2023, 02:16:25 AM
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The results of the year for Amulet Protocol. After months of creation, development and planning, the product was launched at Token 2049 in Singapore. The team shared and promoted their vision for asset protection at Solana Breakpoint in Lisbon, which certainly stuck in the minds of most delegates (Amulet Protocol was the most prominent project there). The project is poised to become the largest risk protection protocol in 2023, and the to-do list for the coming year is long. The focus should be on starting next year with more developments and solutions for the community, the blockchain industry and asset protection.
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What risks does the Amulet protocol cover?
Smart Contract Vulnerability: smart contract failure if the secure protocol does not function properly.
Stable coin deprecation: the risk that a stable coin will trade below its peak for an extended period of time.
Shorting: shorting penalties do not currently apply in Solana, but the project team intends to offer this coverage when this part of the protocol goes live.