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What can you do with Amulet?
Store/Hold Amulet
Many users hold on to their Amulet with the expectation of it increasing in value. You can store your AMU safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Amulet
You can trade Amulet for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Amulet trading to meet your needs.
Send Amulet
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Amulet online and send to anyone and anywhere with their Amulet address.
Spend Amulet
You can also buy goods and services with your Amulet. More and more vendors and retailers accept Amulet every day.
Donate Amulet
Bitget Charity accepts Amulet donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Amulet so no one misses out on the growth made possible by blockchain.
Learn More About Amulet
You can read more in-depth articles on Amulet from Bitget Research and study how cryptocurrencies like Amulet work on Bitget Academy
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What is Amulet (AMU)?
Amulet is a risk protection protocol that operates in a decentralized manner and is specifically designed for Rust-based ecosystems. It is currently running on the Solana blockchain and is the first of its kind in the DeFi space. Amulet offers a complete solution for anyone operating in the Web3 space. The main goal of Amulet is to cater to the growing demand for a native risk protection protocol within Solana and the broader Rust ecosystem. The platform relies on the expertise of DeFi cover providers to offer a straightforward yet efficient solution to its users.
How Amulet (AMU) Works
Amulet relies on a combination of automated strategies and a robust security mechanism, known as AmuShield, to operate effectively. The automated yield strategies are the backbone of the protocol, as they pool users' funds for auto-compounding in top DeFi projects. This not only optimizes returns but also reduces transaction costs and manages risks more efficiently. The strategies are carefully crafted to evaluate underlying protocols, manage portfolios, and optimize transaction costs, ensuring a secure and user-friendly experience.
AmuShield is a critical component of Amulet that enhances the protocol's security. The Vault Manager, a part of AmuShield, monitors the current price of underlying pools 24/7 and triggers emergency asset retrievals if there are any discrepancies. The Amulet Vault suspends operations to minimize risks and attempts to retrieve residual funds. In addition, the Amulet Safety Fund provides financial coverage to compensate users for any losses incurred. This comprehensive security framework ensures that users' assets are continuously safeguarded against potential breaches.
How Many Amulet (AMU) Tokens Are in Circulation?
AMU has a total supply of 1,000,000,000.
How to Buy Amulet (AMU)
Consider investing in Amulet (AMU)? It only takes 2 minutes to create an account on Bitget and start trading AMU.
Check out the available AMU trading pairs on Bitget!
Spot market
Amulet (AMU) Resources
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