Solana Ecosystem

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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.

IEO Page On Gate

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IEO on Gate. Details:<ul><li>Start: 22 January 2024</li><li>End: 23 January 2024</li><li>Raise: 100,000 USDT</li><li>Allocation: 2,000,000 AMU</li><li>Ticker: AMU</li><li>Vesting: 100% unlock</li></ul>

Amulet Protocol

Amulet is a decentralized insurance platform designed for Rust-based ecosystems, starting with Solana.

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Name	Total	Unlocked	Locked
Team & Advisors	15%	10.2%	4.85%
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

Amulet ProtocolAMU

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