Road Town, BVI, British Virgin Islands, 09/28/2022 / SubmitMyPR /
The launch of the Amulet mainnet is officially scheduled for September 29, 2022. The team unveiled Amulet back in April, along with the announcement of the seed funding round, which is based on 6 million dollars are raised.
The team successfully launched the in August AmuNation App, gamified bountythe testnetand the report has now also appeared. After this initial success, preparations are now being made to launch on mainnet as mentioned above, which coincided with a launch party at Token 2049 in Singapore.
What is there to know?
amulet focuses on providing simple and reliable coverage for everyone on Web3 that comes with maximum protection and yield that is also fully protected via Protocol Controlled Reserves (PCR). In fact, less than 5% of this industry’s digital assets are secure. The Amulet Protocol therefore offers additional security for digital assets through a variety of solutions such as smart contract vulnerability, stablecoin de-peg and is preparing to provide NFT coverage options.
In addition, users can also use with confidence through Amulet. Between claims and assets, Amulet Protocol has three layers of protection. Staking is easy, and more importantly, it comes with a very high level of security. Amulet Protocol is additionally based on the innovative use of the latest and most relevant cutting-edge technology. Hybrid receivables management is fully automated in situations like a stablecoin depegging trigger that results in payouts. Amulet Protocol’s DAO model also handles claim payouts.
Past achievements and future goals
So far, Amulet has managed to achieve many notable achievements. For example, it has a very active and engaged community that has grown to a over 25,000 in total. The community known as AmuNation is also largely responsible for the success of the testnet. Other achievements include Amulet’s unique cover model,…
