Mutuum Finance (MUTM) has managed to go beyond the target of $19.5 million, having Phase 6 at 99% capacity. This shows that individuals are fully aware of the utility provided through a two-way infrastructure for loaning. It should be noted that 1,850 wallets are involved, thus proving it’s more than just a gamble.
Analysts of top cryptocurrencies who monitor DeFi developments have already named MUTM, also known as Mutuum Finance, one of the crypto to invest in before the end of the year since it has been deemed safe and its price won’t last long once Phase 7 is launched. The time to invest in Mutuum Finance at $0.035 is very short since afterwards its price will go high.
Presale Structure Rewards Prompt Action
Within this context, Mutuum Finance (MUTM) has organized its fund-raising process to motivate proactive investors rather than those who only invest when market conditions suit them. Phase 6 is reportedly currently 99% full, with only below 1% tokens left at $0.035. When this phase is exhausted, Phase 7 will automatically start with a pricing plan of $0.04, which entails a 20% hike, thus making previous investors less attractive.
Phase 1 participants who invested at $0.01 are already enjoying a 250% ROI and new investors will be able to enjoy a 420% ROI once MUTM exceeds its listing price of $0.06. Mutuum Finance (MUTM) still remains one of the top crypto investments.
This creates a supply-demand driving force for the token. Though regular tokens function on a speculation mechanism, there is a “buy-and-distribute” system on Mutuum Finance. This system creates market demand for MUTM regardless of market conditions. This system attracts a revenue-generating fee for each lending and borrowing process on the platform. From this revenue, MUTM is automatically purchased on open markets for distribution to mtToken liquidity providers.
It solves a problem common among DeFi projects, where the success of the platform does not necessarily correlate to the price of the tokens. Mutuum Finance (MUTM) distributes benefits its token holders based on the increase in the number of loans, which in turn requires more buybacks of MUTM tokens.
Yield-Generating Features
The mtTokens earned from the deposits on Mutuum Finance (MUTM) are interest-bearing tokens that signify a holder’s contribution to the lending pools. Such tokens earn interest automatically with the repayment of the same by the borrowers. Moreover, the mtTokens can be held in a wallet until the time of redeeming the initial amount and the interest incurred.
Stablecoin Integration Addresses Volatility Concerns
Mutuum Finance (MUTM) has announced the imminent release of a stablecoin that shall be over-collateralized and anchored at a one-to-one price ratio to the value of the US dollar. Unlike the stablecoins that relied on algorithmic systems to manage the value and ultimately failed in the highly volatile market events of 2022, the stablecoin by Mutuum Finance shall be backed by the excess reserves provided by lending pools. The interest earned on the reserves shall be allocated to the treasury.
This is anticipated to improve the position of Mutuum Finance in being one of the top crypto projects, since it will fill an essential demand within the DeFi market. Individuals will be in a position to take part in market positions without worrying about collateral value. It will be seamlessly integrated into both Peer-to-Contract lending markets and Peer-to-Peer lending markets.
Time Limited for Optimization of Entries
Mutuum Finance (MUTM) has been able to raise $19.5 million funds and has been able to gain 18,590 supporters. Phase 6 is rapidly progressing, and the current price of $0.035 will no longer be available once Phase 7 is initiated. This is a good opportunity for investors for the crypto to invest in during a crucial marketplace state.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
