Amulet is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana. Existing DeFi risk protection protocols rely on external underwriters to provide capital for claim payouts and cover capacity, which introduces unique and difficult challenges over business sustainability. Amulet is creating the risk protection industry's first Protocol-Controlled Underwriting ("PCU") approach. This is a significant change from the incumbent model of renting underwriting capital.