These paratimes have proven to be very safe, in terms of privacy. I am sure many projects will want to use these infrastructures.

Hi guys, thanks for the AMA!

Is privacy on Sapphire optional? Which elements of the transaction are private? Last but not least, can someone clarify the difference between sapphire, emerald, ciper and parcel?

Very interesting information about the founder of Oasis. The project is indeed very promising and has excellent partners and a mission.

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.

Hey. I want to introduce you to an interesting project (Terra UST cholerae will cry now) - Defi Amulet insurance protocol.  Simple, Reliable Cover For Everyone in Web3. Maximum protection and yield, fully protected through Protocol Controlled Underwriting.

In September we plan to launch a mainnet, so I keep you informed about this event. There will be a project token in the future.

It would be interesting to look at the implementation of MOVE ParaTime on Oasis. I think this ParaTime would be the best in terms of privacy and security.

Amulet has confirmed its official partnership with Taksh, a cross-chain gamified yield aggregator on Solana.

Taksh is a Sanskrit word meaning ?to invent? with an additional definition being ?a great champion?. The extraordinary team behind their project are ?inventing? on the Solana blockchain (like Amulet), taking advantage of its fast transaction speeds and low gas fee rates. Understanding that even great champions need protection, Taksh were keen to partner with Amulet with a focus on security and the safety of their users.

Both projects are united in their vision of mass adoption of DeFi and Web3. Taksh recognizes that easy to track and easy-to-leverage yield is critical for this to become a reality.

Yield Aggregators have gone a long way since their introduction to the space but there are still problems that need to be rectified. As of today, aggregators do not diversify yield sources, they do not currently support cross-chain deposits, there is a lack of gamification and fail to leverage all DeFi strategies. Taksh has been born to combat these issues.

Taksh is built on Solana with available cross-chain technology and best yield strategies to generate higher yields for its users. At the same time, Taksh gamifies user participation through weekly raffles where part of the yield protocol generated is given away as a prize. An opportunity to win additional yield provides an exciting incentive for anyone who wishes to use their platform.

Amulet is a DeFi insurance protocol for Rust-based ecosystems and is also being built on the Solana blockchain. The vision for Amulet is simple ? providing reliable insurance for everyone in web3.

With a mainnet launch scheduled for September, Amulet will strive to protect as many users as possible as they redefine the insurance industry with the PCUV (Protocol Controlled Underwriting Value) model. Launching initially with smart contract vulnerability and stablecoin depeg cover, Amulet will look at opportunities to protect users across the whole metaverse.

Both projects have formed their official partnership to collaborate and develop together on Solana while also looking at how Taksh users can be protected by Amulet at launch. Being able to provide additional security options is vital for Taksh users to have peace of mind with their activities. More information will be announced about this in due course.

Both projects will continue to support each other until then and look at solutions to enable overall growth within the industry.

?We are really excited about our partnership with Taksh. The team behind the project is extraordinarily talented, achieving things at young ages that many would never achieve in a lifetime. We are keen to work with projects that offer gamification as we see the potential in user experience and bridging that gap between those moving away from web2 and into web3. Projects like Taksh provide an environment where there could be a massive influx of users in a short space of time, we wanted to partner with them now so that we can continue to work behind the scenes to ensure the best solution for protecting these users.?