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Amulet Protocol Cover Defi

Total questions: 7

Worksheet time: 9mins

Name
Class
Date
1.

What is the cover in defi?

a)

the user, in exchange for an insurance premium, is trying to protect funds from events that may occur in the decentralized finance ecosystem.

b)

blockchain technology that allows you to mine

c)

is an algorithm that allows for secure transactions without intermediaries.

d)

These are coins that are not of any value

2.

What do decentralized finances cover?

(more correct answers than 1)

a)

financial losses from investing in a protocol

b)

Smart contract exploit - malware that finds vulnerabilities in SC code and withdraws user funds

c)

bankruptcy of the token issuer or loss of the peg to the Stablecoin dollar

d)

my car

e)

Hacks of exchanges, applications, wallets and protocols

3.

What would you like to cover?

(write your opinion)

4 lines
4.

Amulet is created with the goal of simple and reliable cover for everyone on the Web3. Amulet Protocol is a decentralized risk protection protocol ("RPP") created for the Rust-based ecosystem, starting with the ​ (a)  

Choose from the below words
Solana blockchain
cosmos
polcodot
sui
aptos
poligon
arbitrum
5.

Amulet is creating the risk protection industry's first protocol-controlled reserve ("PCR") approach, in which Amulet will create reserves and implement a claims structure that includes a unique method

a)

BSRT

b)

Maining

c)

Yield Backed Claim ("YBC")

d)

UTR

6.

Amulet plans to start by covering smart contract vulnerability, stablcoin depeg risk, custodian risk, and over time expand the spectrum of different types of risk, such as credit protocol default risk, NFT asset risk, price volatility risk.what points the amulet protocol is worth paying attention to for cover?

4 lines
7.

did you buy from https://app.amulet.org ?

a)

yes

b)

no

c)

No, but I'm doing it right now!