Crypto spoke to the founding father of Amulet Protocol, Rupert Barksfield, about launching the primary DeFi Insurance coverage platform on Solana. Watch the video under to seek out out whether or not Amulet will probably be providing insurance coverage in opposition to Solana outages, de-peg insurance coverage, and safety in opposition to 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 very 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 cause to be extra forgiving to Solana’s present points.
The interview is 23 minutes lengthy, and Barksfield does a implausible job explaining DeFi insurance coverage and the way it may help shield customers from the kind of black swan occasions which have plagued crypto over the previous few months.
