As Amulet is still Solana native, (our multi-chain plans are still being worked on in the background), we’ve listed Lido for assets on the Solana blockchain. In the future, there is potential to open this up to alternative chains as we grow.
This is an exciting moment for Amulet as listing one of the biggest names in the world of blockchain, accelerates our mission to protect as many web3 users as possible.
Lido (Solana) is LIVE on our MainNet today and users can stake $aUWT at an opening approximate APY of 10.39%
Limited capacity is already available for Lido users to protect their Solana assets.
Get started staking/protecting here: app.amulet.org
To understand the terms and conditions of our Smart Contract Vulnerability Cover, please refer to this document.
More about Lido
Lido is the leading liquid staking solution, providing an easy and secure way for users to earn interest on their digital assets.
Staking into Lido ensures that your assets remain liquid and can be used across a range of DeFi applications, creating opportunities for users to earn additional yield.
Lido on Solana is a Lido-DAO governed liquid staking protocol specifically for the Solana ecosystem. Those staking SOL into Lido are issued with an on-chain representation of SOL staking with Lido validators named stSOL.
Lido, specifically on Solana, gives users:
- Liquidity – No activation delays, ability to sell staked tokens
- One-click staking – Easy and simple
- Decentralised Security – Assets spread across industry’s leading validators chosen by Lido DAO
To take advatage of Lido on Solana, connect your Solana wallet and get started here: https://solana.lido.fi/
How to Stake $aUWT into Lido (Solana) Pool on Amulet:
Staking $aUWT into our Lido (Solana) pool allows users to earn high APY rewards while also providing capacity for Lido users to purchase our smart contract cover. Head over the “Underwrite” section of our MainNet and search for Lido (Solana) Pool. The starting APY% is 10.39%:
- Click “Underwrite”
- Find “Lido (Solana)” and expand
- Connect wallet
- Read terms
- Stake chosen amount
How to purchase Smart Contract Vulnerability cover for Lido (Solana) Protocol assets:
After successfully passing our own reviews and analysis, Lido passed the assessment to be listed on our MainNet. This means that users can use Amulet to purchase cover and protect their assets against smart contract exploits for Lido on Solana.
Capactiy is currently available at time of writing for users to purchase protection immediately.
Head over to the cover section on our MainNet, connect your wallet and purchase your cover.
Start today: app.amulet.org
We’re really excited with this news and we know you will be too. We’ve got some more exciting protocols expected to be listed in the coming weeks.
If you have any questions, our team is available on Discord: discord.gg/AmuletProtocol