Amulet Staked SOL ($amtSOL) is an interest-bearing token as well as liquid $SOL derivative and proof of ownership of $SOL staked by users in Amulet's liquid staking pool. Amulet is a risk protection protocol built on Solana.
Amulet Protocol (Amulet) is a decentralized risk protection protocol (RPP) built for Rust-based ecosystems, 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's vision is to offer Simple, Reliable Cover for everyone in Web3.
With $amtSOL, users can:
- Redeem $amtSOL for their $SOL and staking rewards earned.
- Provide underwriting capital to earn a portion of the revenue from cover sales.
- Participate in other DeFi activities with Amulet's partners (Coming soon).
Token address: SoLW9muuNQmEAoBws7CWfYQnXRXMVEG12cQhy6LE2Zf