Amulet protocol, a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.
I am here to give a short description and talk a little about amulet Protocol.

Amulet protocol (A brief overview)

TL:DR
-There has been issues of stable coin depegs more recently the UST and MIM.
When you buy a cover from amulet Protocol you are covered from such risks.
-Provides Smart Contract risk cover
-Amulet protocol has its native token $aUWT, $aUWT holders may also receive additional token rewards when taking their $aUWT in the underwriting pool of a covered protocol who is
participating in Amulet's Cover Acceleration Program.
-Amulet is a DeFi risk protection protocol, the first one on Solana.
- Amulet is currently running a bounty program where users can earn rewards upon completion of some tasks listed on the app.
Check them on Twitter at @amuletprotocol for more information

The core aim of amulet protocol is about protecting our asset
The core design of Amulet is the Protocol Controlled Underwriting Value (PCUV), which is a paradigm shift for DeFi cover toward a scalable and sustainable future, PCUV brings together a Yields Backed Claims Pool, a treasury and other reserve layers to reduce loss to staked capital. In other words, the protocol is developing and managing risk on either side of the two-sided cover marketplace (for users and stakers) by owning underwriting buffers.
Most importantly, Amulet allows users to help secure the blockchain through liquid staking and cover participation – in one protocol.
Amulet will offer coverage on smart contract risk, stable-coin de-peg risk, slashing risk and etc. With plans to build metaverse related covers like
GameFi asset cover
NFT asset cover
Cyber Security cover
Metaverse Life cover
Virtual property cover.