Protocol Information
Amulet is a set of smart contracts enabling users to obtain synthetics by way of self-repaying loans, called Advances, against their future yield on staking assets via Proof of Stake or LSTs. No Advances are ever liquidated as the synthetics are treated 1:1 with the native asset by the smart contracts. As yield is earned by a vault, it automatically pays down debt for all open positions against that vault.
Category:Synthetics