# Cover Underwriting

Amulet is designed to provide a high level of protection against capital drawdowns while earning returns for its participants. The realization of this objective will be gradual, based on treasury growth alongside the buffers intended to support it. Here is an overview of Amulet's structure: 

<figure><img src="/files/9tAFenhQqyKDFHsfSRag" alt=""><figcaption></figcaption></figure>


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