Investor interest in Mutuum Finance (MUTM) is growing due to its successful presale and upcoming product launches.
Current Status of Mutuum Finance Presale
The Mutuum Finance presale is in Phase 5 and is over 60% sold out. The project has raised over $11.8 million with more than 12,700 unique token holders. The current price of MUTM stands at $0.03, marking its lowest price point.
Stablecoin Development
Mutuum Finance is working on a fully collateralized USD-pegged stablecoin on the Ethereum blockchain aimed at mitigating market volatility and avoiding risks associated with algorithmic stablecoins. Additionally, the project’s smart contracts have been audited by CertiK, confirming its security and transparency.
Launch of Reward Program and Its Mechanics
Mutuum Finance has also launched a $50,000 bounty program covering various vulnerability levels. Ten winners among early investors will each receive $10,000 in Mutuum Finance tokens as a reward.
Given the growing interest and successful initiatives such as the presale and reward program, Mutuum Finance demonstrates significant long-term growth potential in the DeFi space.
