What is Amulet

Article Summary, Automatically Generated By AI

About Amulet Summary

  • Amulet is a Web3 platform combining investment and insurance for safe earning with built-in loss protection.
  • Started as DeFi insurance protocol on Solana in early 2022, now evolved into Amulet V2, a one-stop platform for yield and protection.
  • Expanded to Ethereum and its L2s, providing safe yields to a wider user base.
  • Offers enhanced yield strategies, transparent risk profiles, and parametric protection.
  • Backed by top investors: Solana Ventures, Gumi Cryptos, Animoca Brands, and others.
  • Vision: build a safe space for web3 users to earn with peace of mind.
  • Numbers and figures:

About Amulet

In the realm of cryptocurrency, Amulet is an innovative decentralized finance (DeFi) protocol designed to provide a robust and secure platform for users to engage in seamless and efficient cryptocurrency transactions.

Amulet pioneers the inaugural Web3 platform, synergistically merging investment and insurance, thereby empowering web3 users to accrue returns securely, bolstered by an integrated safeguard against potential losses.

Deeply entrenched in the Solana ecosystem, Amulet V1 pioneered the first and only DeFi insurance protocol on Solana, debuting in early 2022. Since its inception, we have undergone a transformative evolution, culminating in Amulet V2 – a comprehensive, one-stop platform that seamlessly integrates yield and protection. As we continue to expand our reach, Amulet is now bridging the gap to the broader Web3 landscape, encompassing Ethereum and its Layer 2 solutions, thereby providing secure yields to a diverse and extensive user base.

Our platform presents a distinctive fusion of advanced yield strategies, transparent risk assessments, and parametric safeguards, empowering users to generate risk-adjusted returns within a secure, cutting-edge ecosystem.

Supported by an esteemed roster of investors, including Solana Ventures, Gumi Cryptos, Animoca Brands, and other prominent backers, Amulet envisions a secure and inclusive environment where web3 users of all proficiency levels can confidently generate revenue with complete peace of mind.

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