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.
Token rewards from covered protocols participating in CAP distributed via the CAP 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 and check out the user guide on Underwriting Mining.