![App's chain App's chain](/_next/image?url=https%3A%2F%2Fstatic.magic.store%2F_next%2Fstatic%2Fmedia%2Fmulti-chain.3418bb0c.png&w=48&q=75)
Amulet
ValidatedDeFi
Use to Earn
AMU$0.02+2.28% ↑
Simple, Reliable Cover For Everyone in Web3
- 1819 Followers1819 Followers
- 1076 Likes1076 Likes
About Amulet
Amulet Protocol is a decentralized risk protection protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open risk protection model which not only effectively addresses the common challenges of existing decentralized RPPs, but also creates a new paradigm shift for the whole risk protection sector.
Amulet is a cutting-edge decentralized insurance protocol built on the Solana blockchain. Its mission is to revolutionize the insurance industry by providing comprehensive and reliable coverage for various digital assets and blockchain-based activities. Amulet aims to secure the financial interests of its users, protecting them from potential risks associated with the rapidly evolving crypto ecosystem.
By leveraging Solana's high throughput and low transaction costs, Amulet offers efficient and scalable insurance solutions that are both accessible and affordable. The project stands out for its innovative approach to insurance, addressing the unique challenges and risks posed by decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain applications.
Amulet Magic Store Validation Score
See Results ››Validation Score
4.4yes88%
no12%
Validation Date: -
rethalkYes
jakyriYes
shilonesaucYes
zubachYes
SymonYes
LoriYes
VeyselYes
longcang20108Yes
Krolik_NasYes
bonmalanlo1979Yes
iaanshetalsaYes
sheehycaYes
yarostYes
orantesalivYes
TrottolaxYes
Eivoj02Yes
tomankiYes
jibriaboyYes
northiYes
sharnetkellYes
Amulet Review Score by Real Users
- 326
- 57
- 3
- 2
- 0
AMU Token Price Chart (Real Time)
Token Statistics
- Market Cap$10,597,071.00
- Volume$2,759,571.00
- Circulating Supply454,084,753
- Max Supply1,000,000,000
- FDMC$23,337,208
About Amulet Protocol Token
Amulet's native token, AMT, is integral to its decentralized insurance ecosystem. The token serves several purposes within the Amulet platform, including governance, staking, and premium payments for insurance products. By holding AMT, users can participate in the protocol's decision-making process, voting on key issues such as policy changes and new product offerings. Additionally, AMT can be staked to earn rewards, which incentivizes users to support the network's stability and growth.
AMT is designed with a deflationary model, where a portion of the tokens used for premiums and fees is burned, reducing the total supply over time. This mechanism aims to increase the token's value as demand for insurance products on the platform grows. The token is listed on several major exchanges, providing liquidity and accessibility for users looking to trade or invest in AMT.
Amulet Magic Store Trust Score
- Audit Score
- 0No. Of. Audits
- MediumScore
- Security Validators Score
- 20.12.2023Validation Date
- App Privacy
No data collected
Amulet User Trust Reviews
Amulet FAQ
Amulet offers insurance coverage for a wide range of digital assets including DeFi protocols, NFTs, stablecoins, and other blockchain-based assets. This ensures comprehensive protection for diverse investment portfolios within the crypto space.
The deflationary model of AMT involves burning a portion of the tokens used for premium payments and fees. This reduction in supply aims to increase the token's value over time as the demand for Amulet's insurance products grows.
To purchase an insurance policy on Amulet, users need to create an account, connect their Solana wallet, and hold a sufficient amount of AMT tokens to pay for the premium.
Claims on the Amulet platform are processed through smart contracts, which automatically verify the claim conditions and execute payouts. This automated process ensures quick and fair claim settlements.
Yes, to participate in governance voting on the Amulet platform, users must hold a minimum amount of AMT tokens. This requirement ensures that only invested and active community members influence key decisions.