The crypto market frenzy recently peaked after the price of Bitcoin (BTC) hit a new all-time high at over $110K. However, most crypto market experts expect even more pumps after Mutuum Finance (MUTM) passed its audit. The experts forecast that the upcoming Mutuum Finance (MUTM) could overshadow the current BTC gains, rising 10x once it goes live.
Mutuum Finance (MUTM) is currently in phase 5 of its presale, which has seen massive market participation. Thus far, over 11,200 participants have secured their MUTM presale tokens, with over 7% of the tokens in the current phase having already been bought, barely 72 hours after it launched. So far, the presale has raised over $9.4 million.
The presale phase is the midpoint of the presale pricing at $0.03 per token. Previously, the tokens were going for $0.025 in phase 4, but the price has since risen by 20%. In the upcoming phase, the price is set to rise by 16.67%, making this phase the last one where buyers are guaranteed a 100% return on their purchase price.
Winning The Crypto World Over With Utility
What sets Mutuum Finance (MUTM) apart from other crypto projects that have seen a massive surge in interest is its utility. While most crypto projects that have achieved fame in recent years have had to rely on gimmicks such as mascots and popular memes, Mutuum Finance (MUTM) is powered by utility.
At the core of its utility is the lending protocol, which comes with two modes of P2C (peer-to-contract), and P2P (peer-to-peer). The P2C mode is built for digital assets with stable pricing and high market liquidity, while the P2P mode is designed for tokens with low liquidity, and high price volatility.
By focusing on both the high end and low end of the market, Mutuum Finance (MUTM) aims to broaden the reach of the protocol to cover as much of the market as possible. With a P2C smart contract, lenders will deposit their funds in a pool that has been fully audited. In this pool, they can benefit from stable, annualized percentage yields, allowing them to put their large digital asset holdings to work.
Within the P2C smart contract pool, the yield rate is determined by the utilization rate. As such, when a pool becomes popular, so does the number of lenders willing to stake their assets in it. The result is that the yield rate is maintained dynamically via market forces, ensuring predictable yields for participants.
Depositors in a P2C lending pool receive mtTokens after each deposit. For instance, if they deposit $8,000 worth of USDT in a pool, they are awarded mtUSDT tokens whose value corresponds to their share in the pool and the interest they have received. Best of all, the protocol allows users to use mtTokens as collateral to borrow other assets, further boosting the platform’s liquidity.
The Peer-To-Peer Mode
For the P2P mode, the focus is on less liquid tokens such as Shiba Inu (SHIB), where Mutuum Finance (MUTM) provides a mechanism for lenders and borrowers to negotiate directly. They can decide on the repayment period, the rate, and even partial fills. Since this is not connected to a shared pool, lenders can negotiate for higher rates and receive higher returns. However, it still ensures that the overall safety of the ecosystem is not impacted due to the assets’ low liquidity and high volatility.
In any case, all loans within Mutuum Finance (MUTM) must be overcollateralized based on a stability factor built into the protocol. If the collateral value drops below a certain level, a liquidation is triggered, and liquidators can purchase the outstanding debt at a discount, thereby creating another earning opportunity within the ecosystem.
Another earning opportunity that exists outside of staking on liquidity is stablecoin stabilization. Arbitrageurs can utilize market forces to ensure that the stablecoin’s price remains pegged to the USD. The stablecoin itself is minted via overcollateralized collateral, which helps to ensure the overall ecosystem health.
Massive Rewards Within Mutuum Finance (MUTM)
The Mutuum Finance (MUTM) aims to start attracting massive numbers of users into the ecosystem from day one. In line with this, it has created a dividends program, which will entail buying MUTM tokens from the open market and distributing them back to stakers on the platform. That will help boost the price of MUTM tokens, increasing organic attention for the project. It will also serve as a powerful incentive, encouraging more people to participate as stakers.
With so many avenues to earn and incentives to deepen liquidity on Mutuum Finance (MUTM), this protocol is set to become one of the biggest names in DeFi in 2025.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuumfinance.app/
Linktree: https://linktr.ee/mutuumfinance
