The Sui (SUI) cryptocurrency has experienced significant gains in recent weeks, and in the past month, the price is up over 70%. However, those gains are modest compared to what Mutuum Finance (MUTM) could achieve in the coming weeks. Thus far, the price has already appreciated by 200% in the presale, with demand still rising. This points to a possible upward appreciation that could beat Sui’s recent gains by a huge margin in the coming weeks.
Mutuum Finance (MUTM) Represents The Next Leap Forward In DeFi
Mutuum Finance (MUTM) has been described by crypto analysts as the next leap forward in the future of decentralized finance (DeFi). The platform offers numerous unique features and earning opportunities that are guaranteed to drive up massive adoption amongst the masses.
For context, nearly 2 billion worldwide do not have access to the formal financial system. However, a large chunk of these people have access to internet connected devices, and have great financial literacy. Mutuum Finance (MUTM) will allow these people to leapfrog the artificial barriers placed on them by the legacy financial system into a future where they can lend, and borrow assets with a few taps. The Mutuum Finance (MUTM) project could unlock capital growth opportunities for billions of people worldwide.
The Mutuum Finance (MUTM) Presale
Mutuum Finance (MUTM) recently entered the fifth phase of its presale after completing all four previous phases in real time. So far, the project has raised over $9,1 million and has more than 11,000 holders today.
The unique design of the protocol, and the coming features have placed a massive amount of buy pressure, significantly pushing back the set timelines for the completion of the presale. Currently, the price per token is $0.03, with the price set to surge to $0.035 in the next phase. While that might seem tiny, it would represent an over 16% increase in the price, reducing the gains you stand to gain by 16%.
However, even at the current price of $0.03, you still stand to make gains of 100% when the token goes live at the $0.06 listing price. It is worth noting that selling at the listing price would probably mean you miss out on some major gains, with the token price projected to climb to as high as $1 within the first few weeks of going live.
This projection is informed by the effort the team has put into getting the token listed on as many public exchanges as possible. With a war chest of over $9 million to assist them in this effort, it is likely that the visibility of Mutuum Finance (MUTM) will be quite high from day one.
Mutuum Finance (MUTM) Is A Dynamic and Rewarding Ecosystem
As with any investor, it is always important to understand what you stand to gain by joining a given project. One of the benefits of joining Mutuum Finance (MUTM) is the unique dual-mode lending ecosystem. In this ecosystem, lenders can opt to participate via P2P or P2C.
When you join via the P2C (Peer-to-Contract) model, your assets are deposited in pools secured by audited smart contracts. These pools are used to supply collective liquidity to borrowers, who can then access overcollateralized loans. The rates for these lending pools are set algorithmically, with higher utilization pushing up the annual percentage yield for lenders. This rise in lending rates incentivizes more stakers to join a pool, while also discouraging more borrowing. As a result, the system achieves equilibrium and capital efficiency via market forces.
Once lenders deposit their assets, which could be $1200 worth of ETH, for instance, the protocol releases mtTokens on a 1:1 nominal ratio. These tokens can be mtETh for ETH, and so on. The mtTokens can be redeemed for both the value of the principal and the accrued interest. Additionally, holders of these mtTokens can use them as collateral to borrow assets on the platform.
Mutuum Finance (MUTM) Staker Rewards
The Mutuum Finance (MUTM) project comes with a unique reward program, where fees from various use cases on the platform are used to buy MUTM tokens on the open market and return them to stakers. This process raises demand pressure for the tokens while rewarding stakers for helping to support the ecosystem.
Mutuum Finance Could Outperform Sui (SUI)
So far, Sui has risen by 70% in the past month. However, Mutuum Finance (MUTM) is poised to overtake that figure in the coming weeks once the presale concludes. At the current price of $0.03 per token in the phase presale, adding MUTM to your portfolio could be a great move before the phase 6 price of $0.035 comes into effect.
For more information about Mutuum Finance (MUTM), visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
