Underwriting Mining

Users are able to stake SOL and SOL derivatives to participate in Amulet's underwriting mining:

SOL Derivatives	Mechanism
SOL	It will be converted to amtSOL first
amtSOL	Liquid staking token issued by Amulet when a user deposits SOL on Amulet SOL staking pool. (Get amtSOL)
More	More

Currently, Amulet only supports amtSOL. More options will be added in the future.

The aUWT token is an underwriting intermediary that is issued, based on a volume-weighted average algorithm, in exchange for staking the above SOL derivatives in Amulet's underwriting pool.

Amulet uses individual underwriting pools for each product. Users can choose to underwrite one or multiple products by staking aUWT in their respective underwriting pools. By supplying the product underwriting pools with aUWT, users may be eligible for:

• Revenue sharing with their chosen pools.

An initial leverage factor of 1.5 will be applied to limit the underwriting capabilities of aUWT. Thereafter, the leverage factor can be adjusted according to governance.

aUWT can also be purchased through and used on other platforms. For more details, please read aUWT token.