From $0.01 to $0.06: This New Crypto Protocol Finally Launches with Over $20M Raised
Mutuum Finance has successfully launched its V1 protocol on the Sepolia testnet, raising over $20 million and attracting a community of nearly 20,000 holders. The protocol features innovative lending options, including Liquidity Pools and a dual lending system that enhances user flexibility. This launch indicates a significant advancement in decentralized finance, showcasing the project's potential for real utility and user engagement.
The world of decentralized finance is waiting for a major shift. While many projects make big promises, very few actually deliver a working system. Today, a quiet momentum has turned into a loud signal. A project that began as a simple plan has officially crossed the line into a live, functional ecosystem. Those who have been watching the technical milestones know that something big is about to happen. The engine is ready, the code is locked, and the first major results are finally here. Introducing Mutuum Finance and the V1 Launch Mutuum Finance (MUTM) has officially launched its V1 protocol on the Sepolia testnet. This is a huge step because it shows the technology is real and ready to use. This beta release lets the community test the core lending markets without using real money. The V1 protocol brings several new features to the table. First, it has Liquidity Pools for major assets like ETH, USDT, LINK, and WBTC. These pools use interest rates that change based on how much people are borrowing. When you deposit your crypto, you get mtTokens. These act as receipts that grow in value over time as the protocol earns interest. There are also Debt Tokens to track loans and an automated Liquidator Bot that keeps the system safe by managing risky positions. The protocol uses two main ways to lend and borrow. The first is Peer-to-Contract (P2C), where you interact directly with smart contract pools for instant transactions. The second is Peer-to-Peer (P2P), which allows users to set their own custom terms and match directly with others. This dual system gives users more choice and flexibility in how they manage their assets. The Presale and the Road to $0.06 The interest in this project is clear from its fundraising. Mutuum Finance has raised over $20.1 million so far. It has a growing community of more than 19,900 holders. This high level of support shows that people want assets that have real utility. The MUTM token is currently in Phase 7 of its presale. It is pr...
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