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{"id":1098,"date":"2022-08-10T11:46:34","date_gmt":"2022-08-10T11:46:34","guid":{"rendered":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/?p=1098"},"modified":"2022-08-10T13:53:59","modified_gmt":"2022-08-10T13:53:59","slug":"amulet-protocol-confirms-strategic-partnership-with-project-serum-as-they-continue-to-buidl-on-solana","status":"publish","type":"post","link":"https:\/\/amulet.org\/blog\/amulet-protocol-confirms-strategic-partnership-with-project-serum-as-they-continue-to-buidl-on-solana\/","title":{"rendered":"Amulet Protocol confirms strategic partnership with Project Serum as they continue to BUIDL on Solana"},"content":{"rendered":"\nAmulet<\/mark><\/strong><\/a> and Serum<\/mark><\/strong><\/a> are delighted to announce their official strategic partnership, strengthening ties to the Solana ecosystem.\u00a0\u00a0<\/p>\n\n\n\n
Amulet has been keeping a close eye on Serum since their August 2020 launch and the success of the project encouraged us to embark on our own journey. <\/p>\n\n\n\n
Like Serum, Amulet was watching the growth of DeFi, and later, DeFi protection options throughout 2020 while also keeping a close eye on the Solana ecosystem.\u00a0\u00a0<\/p>\n\n\n\n
The low fees and high speeds encouraged Amulet to take their learnings from others and create the first DeFi cover protection protocol for Rust-based ecosystems. Amulet has also redefined the cover protection model with their unique PCUV (Protocol Controlled Underwriting Value) solution.\u00a0\u00a0<\/p>\n\n\n\n
Both companies wanted to announce this partnership as they share the same ultimate vision for the industry \u2013 to drive to global mass adoption of web3 and DeFi. <\/p>\n\n\n\n
This partnership announcement is the catalyst to working on that vision together. Both companies will unite in collaborating against DeFi exploits, raising the profile of the Solana ecosystem and BUIDLing a strong future for the entire industry. <\/p>\n\n\n\n
\u201cI\u2019ve been wanting to announce this partnership since before we even announced Amulet! I\u2019ve been closely following Project Serum for many months and now leading to years. The team are incredibly experienced and passionate, and we feel that we could work together on a variety of activities to drive DeFi mass adoption, even during these complicated times!\u201d<\/em> Rupert Barksfield, Project Lead, Amulet<\/strong>\u00a0<\/p>\n\n\n\n
About Serum:<\/strong> <\/p>\n\n\n\n
Serum provides a fully on-chain<\/em> orderbook, allowing applications such as trading interfaces to ‘plug into’ Serum’s composable ecosystem. <\/p>\n\n\n\n
Serum lives in the heart of the ecosystem, providing services to its ecosystem applications, each with their own technology and set of users. Anyone can create a trading application that leverages Serum’s liquidity and its ecosystem benefits. <\/p>\n\n\n\n
To illustrate this concept: an order made on one dApp composing with a Serum orderbook market can be matched with an order made on completely separate dApp composing with that same market! <\/p>\n\n\n\n
Retail Traders, Developers, and Algorithmic Traders can all connect to Serum and leverage its shared liquidity, or build a marketplace <\/p>\n\n\n\n
Join Serum community:<\/strong> <\/p>\n\n\n\n
Website<\/mark><\/strong><\/a> | Twitter<\/mark><\/strong><\/a> | Telegram<\/mark><\/strong><\/a> | Discord<\/mark><\/strong><\/a>\u00a0<\/p>\n\n\n\n
About Amulet:<\/strong> <\/p>\n\n\n\n
Join Amulet community:<\/strong> <\/p>\n\n\n\n
Website<\/mark><\/strong><\/a> | Twitter<\/mark><\/strong><\/a> | Discord<\/mark><\/strong><\/a> | Telegram Announcements<\/mark><\/strong><\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"