The best penny token to buy that could deliver 10x gains is Mutuum Finance (MUTM). Simply put, this project has a market price of below $1, making it an attractive option for traders using the low-entry, high returns strategy. With Bitcoin (BTC) trading near its all-time high, there is limited upside potential. As such, Mutuum Finance (MUTM) is your most realistic option for growing $1000 into $10K within a reasonable timeframe.
Mutuum Finance (MUTM) Highlights
The Mutuum Finance (MUTM) has some recent developments that have made it stand out from the crowd. One such development is the recent Certik audit, which confirmed that the team is focused on delivering in their promise.
The Certik audit confirmed that this project was safe for early adopters seeking opportunities for future gains. Passing the audit also means that MUTM is now eligible for listing on a top tier crypto exchange. When no listing has been confirmed for the project, the team is expected to consider several options that could better position this innovative project, and give it the visibility it deserves.
Another major development that has recently caught the crypto world by surprise is the announcement that they would launch the beta version of the platform on listing day. That marks a major update, and signals the accelerated pace at which the team is working on the project. Having a beta version that is ready for presentation to the public is not easy, and signals the amount of work that has gone into making the protocol a reality.
The Mutuum Finance (MUTM) Presale Stuns Observers
While initially ignored by crypto observers, the Mutuum Finance (MUTM) presale has gotten the crypto world talking. Based on the most recent data, the presale has raised over $9.4 million so far. That is impressive for a project that is barely halfway through its presale phases. It is currently in phase 5, where each presale token is on sale for $0.03. In the previous phase 4, the tokens were sold for $0.025, with the current phase marking a 20% increase.
Those who buy into the presale right now can expect a guaranteed 100% ROI, based on the stated listing price of $0.06. In the upcoming phase 6, the ROI will reduce to 71.43% after the price increases by 16.67% to $0.035. So far, over 7% of the tokens in phase 5 have been sold, barely a week after launch.
A Deep Dive Into The Protocol
The Mutuum Finance (MUTM) is planned to be a dual-mode protocol that will offer numerous earnings opportunities to its community. These two modes are the P2P and the P2C.
The peer-to-contract (P2C) mode entails lenders placing their assets in a collective pool. They then earn an annualized percentage yield from their assets. This rate is determined by the pool’s utilization. Through dynamic market forces, coupled with the relatively low volatility of the assets, it ensures maximum capital utilization.
Lenders in P2C also benefit from instant liquidity via the mtTokens. For instance, when a lender deposits $5,000 worth of MATIC, they receive mtMATIC tokens. These tokens represent their share in a pool, plus the accumulated interest. The mtTokens are based on the ERC-20 token standard, and they can be traded on secondary markets or used as collateral for other loans on the protocol. As such, lenders are able to take full advantage of crypto market opportunities as they arise, while still earning interest in the lending pool.
In the second mode, known as peer-to-peer, lenders and borrowers interact directly with each other using highly volatile assets like the SHIB meme coin. In these smart contracts, which are kept separate from the P2C pools, to preserve the overall health of the ecosystem, lenders and borrowers can set their own terms. For instance, they can agree on interest rates, the repayment period, and much more. The P2P mode helps to unlock the earning potential of highly speculative assets that have previously had zero utility.
The entire Mutuum Finance (MUTM) protocol is maintained through a feature called the stability factor. When the value of collateral backing a given loan falls below certain parameters, the collateral is liquidated. Liquidators are then offered the debt at a discount, which helps to limit the presence of bad debt in the ecosystem.
Overall, Mutuum Finance is designed to be a self-regulating system that achieves maximum capital efficiency on its own. At the same time, it is designed to encourage an inflow of capital into the ecosystem. With the protocol poised to be the biggest in the DeFi world, adding MUTM tokens to your portfolio could ensure a huge windfall when they go live.
For more information about Mutuum Finance (MUTM), visit the links below:
Website:https://www.mutuumfinance.app/
Linktree: https://linktr.ee/mutuumfinance
