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Decentralized Finance Makes a Comeback: $55 Billion in TVL and New Projects

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by Giorgi Kostiuk

9 hours ago


June 2023 marked a significant moment for decentralized finance as the total value locked (TVL) increased to $55 billion. This indicates renewed investor interest in functional projects.

Growth of TVL in Decentralized Finance

The total value locked in decentralized finance has doubled, reflecting significant growth in investor interest towards functional DeFi protocols. This increase stems from investors seeking infrastructural projects that promise real yield.

Innovations in Mutuum Finance

Mutuum Finance (MUTM) stands out as a promising project, offering mtTokens — yield-bearing assets that are automatically issued to users who deposit into lending pools. This enables continuous yield generation based on protocol activity.

Hybrid Lending Model of Mutuum

Mutuum Finance is creating a hybrid model that combines P2C and P2P lending. This allows users to earn passive income and actively participate in the lending process. The platform is also developing a decentralized stablecoin to support capital efficiency across the entire system.

As DeFi continues to grow, projects like Mutuum Finance may set new standards for decentralized finance. With its innovative lending model and income-generating mtTokens, the platform is poised to become a significant player in the market in the long run.

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