Description
Amulet Protocol is a decentralized coverage platform designed to enhance security within the DeFi space of the Cosmos ecosystem and Rust-based networks, including Solana and EVM chains like Ethereum, Optimism, and Polygon zk-EVM. It offers users coverage against risks such as smart contract failures, stablecoin depegging, and exchange hacks. The protocol features a community-driven governance model and utilizes the AMT token for participation and governance purposes. Through an innovative staking mechanism, Amulet ensures the sustainability of its coverage pool, providing transparent and secure risk management solutions. By embracing blockchain technology, Amulet aims to foster trust and promote wider DeFi adoption by adding a robust layer of security.
Amulet Protocol is a decentralized coverage platform designed to enhance security within the DeFi space of the Cosmos ecosystem and Rust-based networks, including Solana and EVM chains like Ethereum, Optimism, and Polygon zk-EVM. It offers users coverage against risks such as smart contract failures, stablecoin depegging, and exchange hacks. The protocol features a community-driven governance model and utilizes the AMT token for participation and governance purposes. Through an innovative staking mechanism, Amulet ensures the sustainability of its coverage pool, providing transparent and secure risk management solutions. By embracing blockchain technology, Amulet aims to foster trust and promote wider DeFi adoption by adding a robust layer of security.