Mutuum Finance (MUTM) is quickly becoming a prominent player in the DeFi market, successfully navigating fundraising phases and implementing new technologies.
Fundraising and Upcoming Growth
Mutuum Finance (MUTM) has raised over $11.9 million in its presale. Currently, the token is priced at $0.03, which is the lowest price at this time. As interest in the project grows, the next round of sales will offer the token at a price of $0.035.
New Lending Model
Mutuum Finance introduces a non-custodial liquidity protocol allowing users to retain full ownership of their assets. The project employs a double lending model, including Peer-to-Contract and Peer-to-Peer lending. The Peer-to-Contract approach utilizes smart contracts for automated lending, while the Peer-to-Peer model eliminates middlemen.
Enhanced Security and Participant Incentives
To strengthen security, Mutuum Finance has launched a $50,000 Bug Bounty Program in partnership with CertiK. Additionally, a $100,000 giveaway is currently underway, allowing 10 participants to win $10,000 each in MUTM tokens.
Mutuum Finance continues to gain traction, offering investors new opportunities. With a successful launch and reliable mechanisms, the project is positioned to take a central role in the DeFi sector.