Amulet Unveils Amunation Upgrade

Amulet proudly introduces an exceptional upgrade to their Amunation, the beloved hub for crypto enthusiasts. This latest enhancement showcases an array of new features and functionalities that elevate the overall experience for users. By implementing this upgrade, Amulet seeks to redefine the way users engage with their platform while providing them with a host of exciting rewards.

Enhanced User Experience

The upgraded Amunation delivers an unparalleled user experience through its revamped interface and streamlined navigation. Users can now effortlessly explore the diverse offerings and engage with a wide range of crypto-related activities. The user-friendly design ensures a seamless browsing experience, empowering users to make the most of their time on the platform.

In addition to the enhanced user experience, the Amunation upgrade brings forth a plethora of bigger and better rewards. Users can now enjoy increased incentives and more substantial rewards for their participation in various activities within the Amulet ecosystem. This upgrade aims to foster an even stronger sense of engagement and motivation among users, driving them to actively participate and reap the benefits.

Embracing the Future with Amulet

The platform’s commitment to innovation and user satisfaction is further exemplified through the Amunation upgrade. By continuously introducing improvements and embracing cutting-edge technologies, Amulet.org positions itself as a trailblazer in the crypto industry. The upgraded Amunation serves as a testament to their dedication to providing a top-notch experience and abundant rewards for their ever-growing community.

With the unveiling of the Amunation upgrade, Amulet raises the bar for user experience and rewards in the crypto realm. The revamped features and amplified incentives ensure that users can fully immerse themselves in the Amulet ecosystem, unlocking a world of possibilities and enjoying the journey. This upgrade solidifies Amulet position as a frontrunner in the industry, leaving crypto enthusiasts eager to explore the new horizons of the Amunation experience.

SOURCE

https://amulet.org/blog/amunation-upgrade-better-experience-bigger-rewards/

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Amulet Official Partnership with FYEO

Amulet and FYEO have forged a strategic partnership based on their shared vision of enhancing security and safeguarding the Web3 ecosystem. FYEO, renowned for its expertise in cybersecurity, has embraced Web3, AI, and decentralized technologies to defend against cyber threats. FYEO’s comprehensive suite of solutions, including security audits, real-time threat monitoring, and decentralized identity management, equips them to effectively protect companies and individuals.

Both organizations actively dedicate themselves to shielding users and preventing hacks in an ever-evolving technological landscape, making collaboration a natural choice. In 2022, phishing attacks witnessed a staggering 61% year-on-year increase, with web3 phishing campaigns soaring by 482%.

To address this escalating issue, FYEO recently launched a free extension called “FYEO Agent” for Google Chrome and Brave browsers. This extension provides real-time protection against potential phishing attacks, empowering individuals to browse the web securely.

By combining their strengths and resources, Amulet and FYEO aim to tackle emerging cyber threats and create a safer environment for users as the world of technology continues to advance rapidly.

With the growing prevalence of phishing exploits and the increasing sophistication of hackers, protecting against such threats is more crucial than ever. FYEO Agent, an extension developed by FYEO, leverages their advanced FISKO AI and deep learning capabilities to detect potential phishing websites directly at the browser level.

Key features of FYEO Agent include:

• Real-time Browser Phishing Protection: The extension actively scans and identifies phishing attempts in real-time, providing immediate protection against malicious websites and phishing attacks.
• Leaked Credential Alerts:FYEO Agent actively alerts users if their credentials have been compromised or leaked, enabling them to take proactive measures to secure their accounts and sensitive information.
• AI-powered Self-learning and Self-correcting: The extension utilizes artificial intelligence to continuously learn and adapt to new phishing techniques, ensuring ongoing effectiveness in detecting and blocking threats.
• Simple and Quick Setup: The design of FYEO Agent prioritizes user convenience, offering a straightforward and speedy setup process that allows users to easily benefit from its protective features without any hassle.

By deploying FYEO Agent, individuals can enhance their browsing security and minimize the risk of falling victim to phishing attacks. With real-time protection, leaked credential alerts, AI-powered capabilities, and a user-friendly experience, this free extension serves as a valuable tool in safeguarding against online threats.

Amulet and FYEO are confident that their partnership will contribute to the overall strengthening of the industry. Both organizations are eagerly anticipating the opportunity to collaborate and develop effective strategies to combat cyber threats collectively in the future. By joining forces, they aim to create a safer and more secure environment for individuals and businesses operating in the digital landscape. Together, they will work towards innovative solutions and proactive measures to tackle emerging cybersecurity challenges and protect the integrity of the Web3 ecosystem.

About FYEO

FYEO provides a wide range of services to enhance Web3 security, including security audits, real-time threat monitoring, AI-powered anti-phishing, and decentralized identity management. These services equip individuals and organizations with strong security measures to protect their digital assets and mitigate potential cyber threats in the Web3 ecosystem.

Website| Twitter

About Amulet

Amulet is a decentralized cover protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open cover model, which not only effectively addresses the common challenges of existing decentralized cover protocols, but also creates a new paradigm shift for the whole cover offering sector.

Website| Twitter

SOURCE

https://amulet.org/blog/amulet-x-fyeo-a-partnership-built-on-protecting-web3/

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Secure Investment and Earn Rewards with MetaBears on Amulet

One of the latest additions to Amulet’s DeFi ecosystem is MetaBears, a digital asset that combines the benefits of a token and a non-fungible token (NFT). MetaBears represent fractional ownership in a collection of rare and valuable NFTs, which include artwork, music, games, and more. By holding MetaBears, users can participate in the appreciation of the underlying NFTs, as well as earn rewards through staking.

Staking is the process of locking up a certain amount of tokens or NFTs as collateral to secure the network and validate transactions. In return for their contribution, stakers receive a share of the network fees or inflation rewards. Staking is a way to earn passive income from holding digital assets, while also contributing to the decentralization and security of the blockchain.

Details of Amulet’s Protect and Stake Campaign

Requirements:

• Stake a minimum of 5 $SOL into $aUWT
• Purchase a cover with a minimum value of 10 $aUWT
• Cover must protect assets for a minimum of 10 days
• Like and Retweet the announcement tweet of this campaign
• Submit Microsoft Form with your confirmed details

Individuals who successfully fulfill these tasks will qualify to receive a fresh MetaBear NFT during an airdrop scheduled on May 24th, 2023.

By staking your MetaBears on Amulet, you not only earn rewards but also contribute to the growth and adoption of the MetaBears ecosystem. The more MetaBears are staked, the more valuable the underlying NFTs become, and the more benefits accrue to the MetaBears holders. Moreover, by staking your MetaBears, you reduce the circulating supply and increase the scarcity of the token, which can potentially drive up its price in the secondary market.

In summary, MetaBears on Amulet is a promising DeFi asset that combines the best of both worlds: the utility of a staking token and the uniqueness of an NFT. By holding and staking MetaBears, you can secure your investment, earn rewards, and participate in the vibrant community of decentralized art and culture. Start your journey with MetaBears on Amulet today!

About Amulet

Amulet is a decentralized cover protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open cover model, which not only effectively addresses the common challenges of existing decentralized cover protocols, but also creates a new paradigm shift for the whole cover offering sector.

Website| Twitter

SOURCE

https://amulet.org/blog/protect-and-stake-to-earn-a-metabear/

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Amulet upgraded the AmuNation app to make it easier for users to earn their MetaBear NFT.

Introduction

The AmuNation app was released in August 2022 as a loyalty program for the Amulet Protocol community. This campaign’s success has beyond their expectations, and they are happy with how its users have embraced this gamified daily activity program.

Amazing Statistics

• There are 157,812 registered users.
• User Referral Rate: 28.71
• 1,339,541 total tasks completed
• 66,753 jackpot rewards have been earned.
• Total number of MetaBear NFTs unlocked: 9,592.

These are incredible figures! Over 157k+ people completing 1.3m+ tasks demonstrate the kind of success their loyalty program has already produced, which they hope will continue. Unsurprisingly, Phantom Wallet sign-ups have been the most prevalent since its introduction on Solana!

With momentum on their side, they’ve been working relentlessly behind the scenes to improve the AmuNation experience for all members. AmuNation levels, easily acquire as a consequence of a huge community working diligently every day, and in prior circumstances, this has resulted in the automatic trigger of increasing the number of points required to obtain various statuses.

As a result, they have decided not to raise the levels and to return to the prior figures.

They have community members that have worked persistently for a long time to promote their web3 cover protocol to the world. Their Hard effort should acknowledge as a team and implement modification to benefit all of their regular AmuNation users. Keeping their most loyal users enthused and increasing their chances of participating in our upcoming MetaBear NFT airdrop.

MetaBear NFTs

MetaBears now have a functional utility, and lucky early HODLers. Already reaping the advantages of having premium discounts applied immediately to their MainNet cover purchases.

Their NFTs are valuable and adorable, and they feel that individuals who are contributing to their success should prioritize in their MetaBear distribution.

The following AmuNation tiers and levels, upgraded on January 26th, 2023:

• AmuNation Starter – 500
• 1,500 AmuNation Students
• 3,000 AmuNation Expert
• 10,000 AmuNation Master
• 36,000 AmuNation Mythical

They believe that this will provide extra motivation for its users to continue contributing on a regular basis. As well as encourage referrals because earning NFTs will  be easier and faster for your friends and coworkers. This is a fantastic opportunity for you and your network to build your own MetaBear army!

About Amulet

Amulet, a decentralized cover protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet, designed an innovative and open cover model, which not only effectively addresses the common challenges of existing decentralized cover protocols, but also creates a new paradigm shift for the whole cover offering sector.

Website| Twitter

SOURCE

https://amulet.org/blog/amunation-app-tier-upgrade-update/

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Amulet Protocol and Project Serum are delighted to announce their official strategic partnership, strengthening ties to the Solana ecosystem.

Amulet will launch on the mainnet at the end of September, initially onto the Solana blockchain before moving on to become a true multi-chain cover protection solution. Serum is a protocol and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance.

Serum built on the Solana blockchain and is completely permissionless. Serum observed the growth of DeFi over the last couple of years, particularly the growth of DEXes on Ethereum, and noticed limitations for users and developers due to the extortionate gas fees and slow transactions. As a result, Serum was born to solve these issues and to improve issues of centralization, capital inefficiency and liquidity segmentations.

Launching as one of the first major open-source projects on Solana, Serum has a variety of offerings: 

• Serum Core – Asset Agnostic order book for matching any Solana-based trading product. Serum’s backend matching engine is perfect for both financial and non-financial instruments.
• True Composability – Serum’s architecture makes it possible for a diverse range of applications and participants to share middleware in one place.
• Developer Ecosystem and Services – Serum offers a decentralized on-chain order matching service giving full control to developers. Serum DEX also offers a greater source of pooled liquidity.
• Serum Token (SRM) – SRM is the utility and the governance of the Serum ecosystem and is fully integrates to benefit from buy/burn of fees.
• Solana Speeds and Costs – Like Amulet, Serum uses Solana due to the extremely low transaction costs and the speed of the platform.

Partnership Highlights

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.

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.

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.

Both companies wanted to announce this partnership as they share the same ultimate vision for the industry. T to drive to global mass adoption of web3 and DeFi.

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.

“I’ve been wanting to announce this partnership since before we even announced Amulet! I’ve been closely following Project Serum for many months and now leading to years. The team are incredibly experience 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!” Rupert Barksfield, Project Lead, Amulet 

About Serum

Serum provides a fully on-chain orderbook, allowing applications such as trading interfaces to ‘plug into’ Serum’s composable ecosystem.

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.

Website| Twitter

About Amulet

Amulet is a decentralized cover protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open cover model, which not only effectively addresses the common challenges of existing decentralized cover protocols, but also creates a new paradigm shift for the whole cover offering sector.

Website| Twitter

SOURCE

https://amulet.org/blog/amulet-protocol-confirms-strategic-partnership-with-project-serum-as-they-continue-to-buidl-on-solana/

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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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Amulet confirmed its official partnership with Tulip Protocol, Solana’s yield aggregation homestead! Both platforms will focused on Web3 and DeFi security for all!

Amulet will have its mainnet launch anticipated for the end of September. They will launch on Solana and they have been backed by SolanaVentures. This partnership strengthens their relationship with this powerful, fast, and low-cost blockchain!

Following their Francium and Port Finance official partnership announcements. Amulet is really excited to add TulipProtocol to its growing list of incredible projects with a real passion and belief in their industry and mass web3 adoption for all.

Introduction to Tulip Protocol

Tulip is the 1st yield aggregation platform, built on Solana with auto-compounding vault strategies.

Tulip offers 4 yield generation strategies for its users:

• Lending
• Auto Compounding Vaults
• Leveraged Yield Farming
• Strategy Vaults

The platform has always put its user’s security at the forefront of its project. Ensuring that all who get involved understand the various risks involved depending on what role they wish to play to take advantage of Tulip’s offering (see attached image)

Tulip and Amulet Protocol will work together on marketing activities, reducing security threats and collaborating on a variety of ideas!

About Tulip

Tulip Protocol is the first yield aggregation platform built on Solana with auto-compounding vault strategies. The dApp is design to take advantage of Solana’s low cost, high efficiency blockchain, allowing the vault strategies to compound frequently. This allows stakers to benefit from higher APYs without requiring active management.

Website| Twitter

About Amulet

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

Website | Twitter

SOURCE

https://amulet.org/blog/amulets-partnership-portfolio-blooms-with-the-addition-of-tulip/

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Amulet has confirmed its official long-term partnership with Port Finance, the first non-custodial liquidity protocol also built on the Solana blockchain.

The platform, which is due to launch on the mainnet in September, will provide simple and reliable insurance for everyone in web3. Launching on Solana and being backed by Solana Ventures, Amulet plans to combat the ongoing issue of hacks and fraud within the industry by providing protection through insurance solutions. Starting with smart contract vulnerability insurance and moving on to stablecoin depeg insurance, Amulet will also enter the worlds of GameFi and the Metaverse.

As per Amulet’s pre-launch planning, they were keen to confirm partnerships with others who are doing incredible things within the industry and through the power of Solana.

Overview of Port Finance

Port Finance is a lending protocol that aims to provide an entire suite of fixed income products including variable rate lending, fixed rate lending and interest rate swaps.

The current variable rate product that Port Finance features variable interest rates based on supply and demand, cross collateral lending, and flash loans. Port Finance seeks to be the liquidity gateway for the Solana DeFi ecosystem through simpler user interfaces, lower collateral requirements, and adjustable liquidation thresholds based on volatility and liquidity.

This year (2022) has been extraordinary for Port Finance as they have met all expectations by smashing their roadmap targets. January saw the launch of their governance, while they have made strands in improving their product particularly with fixed-rate borrowing and interest rate swap solutions.

Partnership Highlights

Bot platform will focus on protecting users’ digital assets, collaborative marketing activities and highlighted the prospect of Solana and the ecosystem.

Port Finance have always taken their users safety as a main priority. As a result, they have been successfully audited by Bramah Systems and Kudelski security as well as a bug bounty program with Immunefi.

This partnership with Amulet will strengthen their ties to user protection. Indeed, both teams will collaborate on the ever-evolving risks involved within our industry.

“We are so excited to confirm our partnership with Port Finance. We’ve known the team a while and we’ve always been really impressed by their passion for improving security options within the industry. As another company who uses the Solana ecosystem, we have a real opportunity to do something sensational together knowing we’re using the most powerful blockchain in the world to buidl! We look forward to collaborating on different activities in the coming months.”

Rupert Barksfield, Project Lead, Amulet 

About Port Finance

Port Finance is a non-custodial money market protocol on Solana. Indeed, its goals are to bring a whole suite of interest rate product. Including variable rate lending, fixed rate lending and interest rate swap to the Solana blockchain.

About Amulet

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

Website | Twitter

SOURCE

https://amulet.org/blog/amulet-protocol-and-port-finance-confirm-an-official-partnership-with-a-focus-on-protecting-digital-assets/

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Long-Term Partnership

Amulet is delighted to confirm its long-term partnership with Francium, a decentralized yield aggregator, which is powered by the Solana ecosystem.

Amulet is currently BUIDLing a web3 insurance protocol offering a simple, reliable solution to protect users against any potential hacks or vulnerabilities. Indeed, Rust-based ecosystems like Solana have been growing at an extraordinary pace and Amulet’s platform is being design to take advantage of this.

Amulet will initially launch on the Solana ecosystem before moving into a multi-chain solution. After being backed by Solana Ventures, proud to confirm their first official partnership with Francium, a like-minded protocol also built on Solana.

Introduction to Francium

Francium offers a variety of automated strategies for its users. These include leveraged/hedge farming, DeFi combination strategies and Smart trading strategies. The platform also offers an automation toolset for strategy builders including a DeFi automation framework, strategy dev toolset and standard SDK (Software Development Kit).

Francium and Amulet are both utilizing Solana as it is the fastest blockchain in the world. Francium also offers a guide to those new to the ecosystem and wanting to begin their Solana adventure. This guide can be access here.  https://docs.francium.io/product/how-to-defi-on-solana

Francium is an exciting DeFi platform where roles include being a Lender, Yield Farmer or Liquidator.

Lenders can earn variable, low-risk returns on assets by depositing them into lending vaults. Tese assets then become available to yield farmers looking to leverage their positions.

Yield farmers borrow assets from lending pools. While, Francium allows yield farmers to leverage up to 3x and borrow interest, and is subtract from potential returns.

Finally, Liquidators monitor the pool for underwater leveraged farming positions. This is when equity collateral becomes too low, sensing the risk of default, these bots will then liquidate.

Indeed, this partnership will focus on reducing levels of risk, increasing elements of security and collaborating on future marketing activity.

“We’re really excited to confirm our first official partnership with Francium. We’ve known the team a while and we have always been impress by their approach to building a community-driven platform on Solana. They are always looking for additional solutions to provide their users with the highest-level of security protection and risk-reduction. We’re delighted to announce this partnership as the first of many to come in preparation for our September product launch.” Rupert Barksfield, Project Lead, Amulet Protocol. 

About Francium

Francium, a Decentralized Yield Strategy Aggregator built on Solana. Offering a variety of strategies for users and builders, Francium is the place where strategy meets DeFi.

Website | Twitter

About Amulet

Amulet, a decentralized insurance protocol built for the Rust-based ecosystem, starting with the Solana blockchain. Amulet has designed an innovative and open insurance model, which not only effectively addresses the common challenges of existing decentralized insurance protocols, but also creates a new paradigm shift for the whole insurance sector.

Website | Twitter

SOURCE

https://amulet.org/blog/amulet-and-francium-confirm-long-term-partnership-focused-on-digital-asset-protection/

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