Amulet Protocol is a decentralized insurance for the Rust ecosystem, offering user-governed underwriting and simple, reliable Web3 insurance.
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Amulet Protocol is a decentralized insurance platform designed for the Rust ecosystem, initially on Solana. It introduces a novel, open insurance model that overcomes challenges faced by existing decentralized insurance protocols and aims to revolutionize the insurance industry. Amulet pioneers Protocol-Controlled Underwriting (PCU), building its own underwriting capabilities and implementing a Yield Backed Claim (YBC) structure. This shifts from relying on external capital providers for underwriting to a protocol-controlled, sustainable model. Amulet's goal is to provide simple, reliable insurance to all Web3 users, offering risk hedging solutions within the Rust-based environment. The Amulet governance token ($AMU) empowers users to propose and vote on community proposals, including rewa...
As of now, Amulet Protocol is trading at 0.00045 USD, with a 24-hour trading volume of approximately 40.11K USD. The AMU to USD price is updated in real time. Over the past 24 hours, Amulet Protocol has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 249.21K USD. Currently, there are 553 806 753 AMU in circulation out of a maximum supply of 1 000 000 000 AMU.
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