Amulet V1

Underwriting Mining

Users are able to stake SOL and SOL derivatives to participate in Amulet's underwriting mining:
It will be converted to $amtSOL first
Liquid staking token issued by Amulet when a user deposits $SOL on Amulet SOL staking pool. (Get $amtSOL)
Liquid staking token issued by Marinade Finance when a user deposits $SOL on Marinade staking pool. (Get $mSOL)
Liquid staking token issued by Lido Finance when a user deposits $SOL on Lido staking pool. (Get $stSOL)
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.

CAP Pools

Coming soon!