# Proposal to Deploy Amulet on Osmosis **URL:** \ **Category:** DApps / Tooling\ **Created:** [June 22, 2025, 6:06pm UTC](https://forum.osmosis.zone/t/proposal-to-deploy-amulet-on-osmosis/3762 "2025-06-22T18:06:09Z")\ **Posts on this page:** 1\ **Showing post:** 1
**Author:** ![AmuletFinance](https://avatars.discourse-cdn.com/v4/letter/a/46a35a/32.png) [@AmuletFinance](https://forum.osmosis.zone/u/AmuletFinance)\ **Post date:** [June 22, 2025, 6:06pm UTC](https://forum.osmosis.zone/t/proposal-to-deploy-amulet-on-osmosis/3762/1 "2025-06-22T18:06:09Z")
This proposal seeks to grant the Amulet deployment address **osmo1arh3v7zfd46w6weqfgq4tgx9yff3udrywl25j4** , permission to upload contracts to Osmosis without requiring governance approval for each contract upload. ## Benefits to Osmosis Amulet contracts are a new type of lending protocol on Osmosis, adding another use case for the OSMO token and providing an alternative way to interact with staking. ## About Amulet Amulet is a self-repaying loan protocol, enabling users to borrow against their staked assets while maintaining yield. amOSMO represents OSMO that will be earned in the future from OSMO staked as collateral within Amulet. Therefore, unlike traditional LSTs, amOSMO does not increase in the underlying assets that it represents due to staking-derived yield but instead forms a market of users who wish to sell their future yield now for a discount vs the steady redemption of amOSMO into OSMO, establishing a self-repaying loan structure. A user deposits OSMO into the Amulet vault and receives a loan of up to 50% of the OSMO quantity in amOSMO. This can then be used in secondary markets such as swapping, liquidity provision or deploying in locations that enable their acceptance as collateral for stablecoin or other borrowings. As the initial stake accumulates yield, withdrawals of the collateral are then permitted, and the protocol has underlying assets to offer to amOSMO holders for redemption. ### Amulet Resources: - Website: [https://amulet.finance/](https://amulet.finance/) - Documentation: [https://docs.amulet.finance/](https://docs.amulet.finance/) - Introduction: [https://medium.com/@amuletfinance/introducing-amulet-unlocking-defi-on-cosmos-7449a88c1a60](https://medium.com/@amuletfinance/introducing-amulet-unlocking-defi-on-cosmos-7449a88c1a60) --- _[View the full topic](https://forum.osmosis.zone/t/proposal-to-deploy-amulet-on-osmosis/3762)._