Amulet is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.
Decentralized risk protection protocols provide a financial safety net for all users interacting with Web3 financial products. They generally encompasse smart contract risk, stablecoin de-peg risk, slashing risk, oracle failures, economic exploits, etc. Risk of smart contract exploits is particularly significant with over $3B lost to smart contract hacks in 2021. By offering protection against these more common DeFi risk types along with NFT and metaverse-related offerings, users and developers alike can enjoy a safer Web3 through Amulet.