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Amulet Finance

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 S...

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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.