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Mutuum Finance (MUTM) Completes Successful Pre-sale Raising $7 Million

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by Giorgi Kostiuk

6 hours ago


Mutuum Finance (MUTM), a decentralized finance (DeFi) project, has attracted significant attention from investors, raising $7 million during its pre-sale. Over 417 million tokens were distributed among 8,400 holders.

Successful Pre-sale and Tokenomics

During the fourth phase of the pre-sale, MUTM tokens are available at a price of $0.025, which will rise by 20% to $0.03 in the next phase. The established tokenomics have set the listing price at $0.06, providing an initial return of 140% once trading begins.

Innovative Mechanics and Platform

Mutuum Finance (MUTM) is developing a platform where mtTokens serve as digital deposits that accrue interest while held. Borrowers must provide assets exceeding the loan value as a security measure. Additionally, mechanisms for buying and distributing enhance token demand.

Future Prospects and Expectations

As the Certik audit concludes, trust in the platform among potential users is expected to increase. As the pre-sale phases come to a close, awareness of the project is anticipated to grow, allowing early investors to witness a surge in token demand.

The Mutuum Finance (MUTM) project showcases significant potential in the DeFi sector, drawing investors’ attention with its innovative mechanics and planned token growth.

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