Amulet Official Partnership with Delta One

Published on: 22.07.2022
Amulet Official Partnership with Delta One

Amulet is building a vision of simple, reliable insurance for everyone in Web3, and announced its official partnership with Delta One, the one-click shop for delta-neutral, sustainable yield strategies.

Amulet Protocol confirmed its latest official partnership with Delta One, which focused on improving security options for DeFi users.

This collaboration allows both companies to collaborate on a variety of activities to improve the experience for DeFi users.

Introduction to Delta One

Delta One provides the best access to DeFi-native, risk-adjusted return generation strategies for DAOs, individuals, and traditional institutions. Opening up permissionless access to institutional-grade yield strategies with quantifiable risks. This creates an environment for users to take on the exact exposure that fits their portfolio requirements. However, Delta One has pioneered crypto’s first delta-neutral market-making vaults, democratizing complex hedge fund strategies to the general public.

Like Amulet, Delta One is built on Solana. Recognizing the distinct advantages of Solana against other ecosystems due to its ability to keep transaction costs extremely low while also creating high throughput speeds. Both companies see Solana as a natural fit to provide the best services for its users.

Delta One has a mission. They believe that most investors should NOT be doing things such as manual asset management. However, automation through Delta One’s product ensures that manual rebalancing and searching for the right APY pools become a thing of the past.

Amulet also has a mission. Providing insurance against potential malicious attacks for DeFi users. Indeed, the end goal is to create simple and reliable insurance for everyone within web3.

Partnership Highlights

This partnership sees a unification of beliefs and mission statements. Automation and insurance are the two big drivers and strategies that could lead to mass web3 and DeFi global adoption.

Furthermore, this partnership enables a crossover and a collaboration for making these missions a reality together. Both companies will work together on marketing activity, protecting users and bringing more traditional users into this space.

Delta One take security extremely seriously which has been evident from the various debates and discussions that both teams have had in recent weeks. Delta One is currently in the process of running audits and Soteria is already implemented to run on every software change. Experienced Solana developers also regularly check and review their smart contracts.

“These partnerships keep coming and we couldn’t be happier. As you will have noticed, Delta One is doing incredible things within the DeFi industry and across the Solana ecosystem. Automating a lot of the manual work DeFi users do, particularly with Yield farming, creates an environment with less risk and an increase with peace of mind. Automation and Insurance are both core to mass web3 adoption and by confirming a partnership with Delta One, we know we have like-minded teams working with us to drive our vision into a reality.” Rupert Barksfield, Project Lead, Amulet. 

About Amulet

Amulet, a decentralized insurance protocol built for the Rust-based ecosystem, starting with the Solana blockchain.

Website | Twitter

About Delta One

Delta One offers permission-less access to institutional grade yield strategies with quantifiable risks so that you can take on the exact exposure that fits with your portfolio requirements.

Website | Twitter

SOURCE

https://amulet.org/blog/amulet-defines-a-partnership-agreement-with-delta-one-permissionless-access-to-delta-neutral-yield-strategies/

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