Amulet 2024 Roadmap

Amulet Team
Amulet Protocol
Published in
4 min readMar 8, 2024

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Its time. Amulet’s battle plan is here and it’s brutal.

At Amulet, our mission is to fortify the Solana ecosystem and pave the way for widespread adoption of DeFi. While our journey has seen significant milestones, including the launch of Amulet V2, we recognize the ongoing need for innovation and enhancement. That’s why we’re thrilled to unveil our updated product roadmap for 2024, outlining our commitment to driving progress and securing the future of DeFi on Solana.

Transparency is the cornerstone of trust. We hold this belief close to our hearts as we unveil our roadmap for the upcoming journey ahead. With every milestone, we’re committed to keeping our community informed, engaged, and empowered.

That’s precisely what we aim to achieve with this comprehensive roadmap — to provide you with a transparent blueprint that outlines our goals, milestones, and strategies for the months ahead. Lets begin.

tl:dr

  • Amulet Markets
  • Rebrand
  • V2 Expansion

Amulet Markets

Problem

Drawing from Amulet’s three-year journey in developing DeFi risk coverage, it’s clear that the conventional risk coverage framework is unsuitable for Web3 due to its inherent constraints.

  • Conflict between underwriters and cover buyers
  • Low liquidity and unpredictable yield
  • Poor user experience with claim processes

Solution

We have found a new, innovative breakthrough in the DeFi risk coverage space that gives you multiple stacks of yield at no underwriting risk to your capital.

Amulet Markets allows projects to raise capacity to protect users’ TVL by launching safety pools. can join these pools to protect others and earn stacks of yield at no underwriting loss.

As the safety pool grows, the fees that are part of the TVL will be used to underwrite risks. In other words, only protocol-generated capacity is used for payouts if any, not users’ capital in the safety pool.

Join early to help project teams bootstrap their safety fund, secure DeFi, and earn more exciting rewards from more stacks of yield.

Amulet Markets provides a sustainable, structured and rewarding approach to risk management on Solana, leveraging safety pools to underwrite risks effectively while optimizing multiple levels of returns for participants.

In the next few weeks, look forward to:

  • Litepaper
  • Amulet Markets Dapp
  • Amulet Markets Testnet

V2 Expansion

Building on the success of Amulet V2, we’re embarking on a journey of expansion and evolution. By broadening our product offerings (such as Amulet Markets) and refining existing features, we’re committed to providing users with unparalleled opportunities for yield generation and asset protection. From enhanced yield strategies to streamlined user experiences, V2 Expansion promises to elevate the DeFi experience for all.

Token Enhancements

$AMU is the lifeblood of Amulet, the native utility token of the platform. Having diverse applications for $AMU not only enhances its intrinsic value but also ensures that token holders can leverage it across various facets of our ecosystem. We are committed to providing more use cases for $AMU:

  • $AMU Staking (Launched Recently Here)
  • Amulet Markets Participation Criteria
  • $AMU Token Buyback and Burn

Look forward to:

  • Integrations with more vaults/pools
  • Development on Amulet Markets
  • More $AMU Token Use Cases

Rebranding

Why rebrand?

Market Expansion

As the crypto ecosystem continues to evolve, so do the needs and preferences of our users. Market demands are shifting, presenting new opportunities for growth and innovation. In response, Amulet is exploring avenues for market expansion, seeking to broaden our product and service offerings to cater to emerging trends and demands.

This means building INNOVATIVE products and telling ENGAGING stories in NEW markets

A partial rebranding will allow us to position ourselves more effectively in these new market segments, ensuring that we remain at the forefront of innovation and meet the evolving needs of our users.

Merger and Unification

Over the years, Amulet has introduced multiple versions of our platform, each offering unique features and functionalities. While these iterations have served us well, they have also led to a fragmented brand identity, creating confusion among our users and stakeholders.

By merging V1, V2 into a single cohesive brand, we aim to establish a more uniform identity that reflects the full scope of our capabilities and offerings. This unified approach will not only streamline our operations but also enhance brand recognition and trust among our users.

In the next few months, look forward to:

  • New Website Design
  • New V2 UI/UX
  • New Product

At Amulet, we are committed to delivering the highest standard of products that are rooted in our core values of security, transparency, and innovation. As we embark on this journey to secure the Solana ecosystem, expand our offerings, our mission remains unchanged: to make Web3 a safer place to earn yield.

With your continued support and feedback, we are confident that together, we can build a future where safe yields are accessible to all.

Thank you for joining us on this exciting adventure!

#WAGMI

With Love,

The Amulet Team

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Amulet Team
Amulet Protocol

The team behind the first yield protocol with built-in protection. https://amulet.org/