
Amulet Protocol AMUPrice $ 0.000698
AMU Price
General Info
Contracts/Explorers:
Solana
Funds and Backers
Amulet Protocol (AMU) Chart
AMU to USD Converter

IEO
22 Jan 2024 — 23 Jan 2024
Raised
$ 100.00K
Price:
$ 0.05
ROI:
0.01x -98.6%
Platform:
N/A
ATH ROI:
1.57x +57.1%










What is Amulet Protocol (AMU)?
Amulet Protocol is a decentralized insurance protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open insurance model, which not only effectively addresses the common challenges of existing decentralized insurance protocols, but also creates a new paradigm shift for the whole insurance sector.
Amulet is creating the industry’s first Protocol-Controlled Underwriting (PCU) approach, in which Amulet will build up its own underwriting capabilities and introduce a claim structure involving a unique Yield Backed Claim (YBC) method. This is a significant deviation from the incumbent insurance models of renting underwriting capability from capital providers to a more sustainable underwriting and claim structure controlled by the protocol. The vision of Amulet is to offer simple, reliable insurance for everyone in Web3. With the addition of Amulet, users in the entire Rust-based ecosystem will gain access to a new way to hedge various risks with insurance product offerings.
Amulet’s governance token ($AMU) will allow its userbase to both propose and vote on community proposals. These include, but are not limited to future reward distributions, validity of claims, target capital requirements, listing of new products, treasury buyback thresholds, and change of future protocol objectives.
Amulet Protocol Price Today
Amulet Protocol's current price is $ 0.000698, it has increased +9.24% over the past 24 hours.
Amulet Protocol's All Time High (ATH) of $ 0.0786 was reached on 22 May 2024, and is currently -99.1% down.
The current circulating supply of Amulet Protocol is 457.29 Million tokens, and the maximum supply of Amulet Protocol is 1.00 Billion.
Amulet Protocol’s 24 hour trading volume is $ 1.16 Thousand.
Amulet Protocol's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 319.29 Thousands.
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