CryptoSlate spoke to the founding father of Amulet Protocol, Rupert Barksfield, about launching the primary DeFi Insurance coverage platform on Solana. Watch the video beneath to search out out whether or not Amulet will likely be providing insurance coverage towards Solana outages, de-peg insurance coverage, and safety towards different issues that may happen in DeFi.
Relating to Solana’s notorious downtime, Barksfield in contrast the present state of Solana to early Ethereum improvement. He claims that the actual fact Ethereum customers noticed “large outages with Crypto Kitties being launch, the DAO, and we noticed the entire chain collapse a number of instances” is a motive to be extra forgiving to Solana’s present points.
The interview is 23 minutes lengthy, and Barksfield does a unbelievable job explaining DeFi insurance coverage and the way it can assist shield customers from the kind of black swan occasions which have plagued crypto over the previous few months.
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