Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>astra-addon</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>astra-sites</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>wp-schema-pro</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>uael</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>wpforms-lite</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>wordpress-seo</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>convertpro-addon</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>astra</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called <strong>incorrectly</strong>. Translation loading for the <code>astra-addon</code> domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the <code>init</code> action or later. Please see <a href="https://developer.wordpress.org/advanced-administration/debug/debug-wordpress/">Debugging in WordPress</a> for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6131

Warning: Cannot modify header information - headers already sent by (output started at /var/www/html/wp-includes/functions.php:6131) in /var/www/html/wp-includes/rest-api/class-wp-rest-server.php on line 1902
{"id":850,"date":"2022-04-20T07:29:32","date_gmt":"2022-04-20T07:29:32","guid":{"rendered":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/?p=850"},"modified":"2023-02-15T18:09:28","modified_gmt":"2023-02-15T18:09:28","slug":"introducing-amulet","status":"publish","type":"post","link":"https:\/\/amulet.org\/blog\/introducing-amulet\/","title":{"rendered":"Introducing Amulet &#8211; simple, reliable cover for Web3"},"content":{"rendered":"<p>Introducing Amulet &#8211; the first decentralized risk protection protocol for Rust-based ecosystems. The project will run initially on the Solana blockchain and provide a cover solution for everyone in Web3.<\/p>\n<p>We wanted to provide an overview of what the Amulet protocol entails and what to expect in the near future.<\/p>\n<h5>TL\/DR<\/h5>\n<ul>\n<li>Amulet is a DeFi risk protection protocol, the first one on Solana<\/li>\n<li>With the planned multi-token ecosystem, users can secure the blockchain in multiple ways via one protocol<\/li>\n<li>Protects stakers while ensuring payouts using our unique Protocol Controlled Reserve (PCR).<\/li>\n<li>Provides Smart Contract risk cover and Stablecoin de-peg cover; soon to offer NFT, Metaverse and GameFi asset cover.<\/li>\n<li>Multi-chain strategy and expansion focused on the Rust ecosystem.<\/li>\n<\/ul>\n<h3>What is the solution?<\/h3>\n<p>The Amulet Protocol addresses the market demand for a risk protection protocol native to Solana and the broader Rust ecosystem. Amulet will use its deep learnings from DeFi cover providers to offer the simplest solution possible.<\/p>\n<p>At its core, Amulet has developed a solution to address the clash between underwriting capital stakers and cover buyers. The core design of Amulet is the Protocol Controlled Reserves (PCR), which is a paradigm shift for DeFi cover toward a scalable and sustainable future (more on this later).<\/p>\n<p>Most importantly, Amulet allows users to help secure the blockchain through liquid staking and cover participation \u2013 in one protocol.<\/p>\n<p>Amulet will be built with transparency and focused on the development of the project alongside the security community.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-853 aligncenter\" src=\"https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/image003.png\" alt=\"\" width=\"863\" height=\"659\" srcset=\"https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/image003.png 1377w, https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/image003-300x229.png 300w, https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/image003-1024x782.png 1024w, https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/image003-768x586.png 768w\" sizes=\"auto, (max-width: 863px) 100vw, 863px\" \/><\/p>\n<h3>What is PCR? (Protocol Controlled Reserve)<\/h3>\n<p>Currently, risk protection protocols rent underwriting capacity from stakers via token emissions. This has long-term sustainability issues, creating liquidity locusts and flight of capital from the platform. PCR is a shift toward a more scalable and sustainable future.<\/p>\n<p>PCR brings together a Yields Backed Claims Pool, a treasury and other reserve layers to reduce loss to staked capital. In other words, the protocol is developing and managing risk on either side of the two-sided cover marketplace (for users and stakers) by owning underwriting buffers.<\/p>\n<p>Thus enabling the Cover Flywheel to take effect &#8211; a larger asset base that generates more platform revenue, which is accrued to users, which invites more capital \u2013 all whilst balancing the needs of platform users in a sustainable manner.<\/p>\n<h3>What are the Cover Offerings<\/h3>\n<p>Similar like other existing decentralised risk protection protocol, Amulet will offer coverage on smart contract risk, stable-coin de-peg risk, slashing risk and etc as a start. The metaverse is the current frontier. Amulet will be uniquely positioned to be a core building block and foundation in this world of infinite potential and possibilities. Amulet has plans to build the following metaverse related cover products:<\/p>\n<ul>\n<li>GameFi asset cover<\/li>\n<li>NFT asset cover<\/li>\n<li>Cyber Security cover<\/li>\n<li>Metaverse Life cover<\/li>\n<li>Virtual property cover<\/li>\n<\/ul>\n<p>With all these developments, Amulet will have the most comprehensive cover offering, and the 1st one with a focus on supporting the future of metaverse.<\/p>\n<h3>How do I learn more?<\/h3>\n<p>The best way to follow Amulet is by joining our Discord and following our Twitter to get updates not only on our product design and development, but also further detail on our roadmap.<\/p>\n<p>Meanwhile, here is our litepaper for your perusal:<\/p>\n<p><span style=\"color: #3366ff;\"><strong><a style=\"color: #3366ff;\" href=\"https:\/\/files.amulet.org\/public\/AmuletLitepaper.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/files.amulet.org\/public\/AmuletLitepaper.pdf<\/a><\/strong><\/span><\/p>\n<p>The core team will be present and all announcements will be released to our community first!<\/p>\n<p>Join our networks below:<\/p>\n<p><span style=\"color: #3366ff;\"><strong><a style=\"color: #3366ff;\" href=\"https:\/\/amulet.org\/\" target=\"_blank\" rel=\"noopener\">Website<\/a> l <a style=\"color: #3366ff;\" href=\"https:\/\/discord.com\/invite\/eJswxwj5x3\" target=\"_blank\" rel=\"noopener\">Discord<\/a> l <a style=\"color: #3366ff;\" href=\"https:\/\/twitter.com\/AmuletProtocol\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> l <a style=\"color: #3366ff;\" href=\"https:\/\/t.me\/amulet_announcement\" target=\"_blank\" rel=\"noopener\">Announcement Channel<\/a><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introducing Amulet &#8211; the first decentralized cover protocol for Rust-based ecosystems.<\/p>\n","protected":false},"author":5,"featured_media":1169,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Introducing Amulet - simple, reliable cover for Web3 - Amulet Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Introducing Amulet - simple, reliable cover for Web3 - Amulet Blog\" \/>\n<meta property=\"og:description\" content=\"Introducing Amulet - the first decentralized cover protocol for Rust-based ecosystems.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/\" \/>\n<meta property=\"og:site_name\" content=\"Amulet Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-20T07:29:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-15T18:09:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/wp-content\/uploads\/2022\/04\/simplereliablecover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amulet Protocol\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#website\",\"url\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/\",\"name\":\"Amulet Blog\",\"description\":\"Earn Safely in Web3\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#primaryimage\",\"url\":\"https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/simplereliablecover.jpg\",\"contentUrl\":\"https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/simplereliablecover.jpg\",\"width\":1500,\"height\":788},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#webpage\",\"url\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/\",\"name\":\"Introducing Amulet - simple, reliable cover for Web3 - Amulet Blog\",\"isPartOf\":{\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#primaryimage\"},\"datePublished\":\"2022-04-20T07:29:32+00:00\",\"dateModified\":\"2023-02-15T18:09:28+00:00\",\"author\":{\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#\/schema\/person\/fd5ce8679f235687c71e72c888a55e83\"},\"breadcrumb\":{\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Introducing Amulet &#8211; simple, reliable cover for Web3\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#\/schema\/person\/fd5ce8679f235687c71e72c888a55e83\",\"name\":\"Amulet Protocol\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/63f6e9c63a6943c2b170f182bc33c7a971abe359ccc7f400a742c378e6082f30?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/63f6e9c63a6943c2b170f182bc33c7a971abe359ccc7f400a742c378e6082f30?s=96&d=mm&r=g\",\"caption\":\"Amulet Protocol\"},\"url\":\"https:\/\/amulet.org\/blog\/author\/amulet\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Introducing Amulet - simple, reliable cover for Web3 - Amulet Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/","og_locale":"en_US","og_type":"article","og_title":"Introducing Amulet - simple, reliable cover for Web3 - Amulet Blog","og_description":"Introducing Amulet - the first decentralized cover protocol for Rust-based ecosystems.","og_url":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/","og_site_name":"Amulet Blog","article_published_time":"2022-04-20T07:29:32+00:00","article_modified_time":"2023-02-15T18:09:28+00:00","og_image":[{"width":1500,"height":788,"url":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/wp-content\/uploads\/2022\/04\/simplereliablecover.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Amulet Protocol","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#website","url":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/","name":"Amulet Blog","description":"Earn Safely in Web3","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#primaryimage","url":"https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/simplereliablecover.jpg","contentUrl":"https:\/\/amulet.org\/blog\/wp-content\/uploads\/2022\/04\/simplereliablecover.jpg","width":1500,"height":788},{"@type":"WebPage","@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#webpage","url":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/","name":"Introducing Amulet - simple, reliable cover for Web3 - Amulet Blog","isPartOf":{"@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#primaryimage"},"datePublished":"2022-04-20T07:29:32+00:00","dateModified":"2023-02-15T18:09:28+00:00","author":{"@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#\/schema\/person\/fd5ce8679f235687c71e72c888a55e83"},"breadcrumb":{"@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/introducing-amulet\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/"},{"@type":"ListItem","position":2,"name":"Introducing Amulet &#8211; simple, reliable cover for Web3"}]},{"@type":"Person","@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#\/schema\/person\/fd5ce8679f235687c71e72c888a55e83","name":"Amulet Protocol","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ap-wa-blog-admin-2.azurewebsites.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/63f6e9c63a6943c2b170f182bc33c7a971abe359ccc7f400a742c378e6082f30?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/63f6e9c63a6943c2b170f182bc33c7a971abe359ccc7f400a742c378e6082f30?s=96&d=mm&r=g","caption":"Amulet Protocol"},"url":"https:\/\/amulet.org\/blog\/author\/amulet\/"}]}},"_links":{"self":[{"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/posts\/850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/comments?post=850"}],"version-history":[{"count":14,"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/posts\/850\/revisions"}],"predecessor-version":[{"id":1560,"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/posts\/850\/revisions\/1560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/media\/1169"}],"wp:attachment":[{"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/media?parent=850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/categories?post=850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amulet.org\/blog\/wp-json\/wp\/v2\/tags?post=850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}