Despite being a new crypto, experts claim this penny token MUTM is ready to deliver like BTC did

Many people thought Bitcoin (BTC) was just an experiment with no future when it first came out. People who saw its potential to disrupt things early on made life-changing profits, while those who waited had to pay higher costs to get in. People are having a similar discourse about Mutuum Finance (MUTM), a penny token that is currently in presale and is being compared to the early days of Bitcoin (BTC). MUTM is becoming one of the crypto coins that analysts are making bold predictions about since it is based on innovation and has a clear roadmap for the future. More and more, investors who are keeping an eye on what’s going on with crypto nowadays know that fresh tokens are where the best chances are. Early adoption has always been a big factor in making money with digital assets. Mutuum Finance (MUTM) is putting itself at the center of decentralized finance innovation by introducing a new lending model, stablecoin mechanics, and a buyback-and-distribute framework that will reward people who stick around for a long time. Why Mutuum Finance (MUTM) has captured attention Mutuum Finance (MUTM) is working on a decentralized loan and borrowing platform that will also have a built-in stablecoin system. The stablecoin will always try to stay at $1. It will only be created when people borrow against collateral like ETH, and it will be burned automatically when the loans are paid back or liquidated. Interest rates will not change depending only on market supply and demand, which is different from other procedures. Instead, the governance will change them to keep the stablecoin in balance. When the peg goes above $1, rates will go down to promote more borrowing. When the peg goes below $1, rates will go up. Arbitrage will make stability even stronger since traders will make money off of slight variations to bring the value back to its target. The project’s presale development shows that it is gaining speed. MUTM is currently in Phase 6 and costs $0.035. It has already raised more than $15.75 million and sold 40% of its supply to 16,300 investors. As Phase 7 gets near, the presale price will go up to $0.040, which will bring investors one step closer to the expected listing price of $0.06. This framework makes anyone who wants to get in on the ground floor of what many now see as a future blue-chip DeFi platform feel like they need to act quickly. Mutuum Finance (MUTM) is not just a stablecoin; but it is also creating a sustainable way to borrow money. Interest rates will change according on how much each pool is used, keeping things fair between lenders and borrowers. When there is a lot of cash available, borrowing costs will stay low, which makes loans more appealing. When liquidity gets tighter, rates will go up, which will benefit lenders and encourage people to pay back their loans. This cycle will let Mutuum Finance (MUTM) stay efficient even when things are unstable, which will help both lenders and borrowers expand steadily. Roadmap, trust, and security There are four obvious steps in the vision for Mutuum Finance (MUTM). Phase 1 has already included the launch of the presale, marketing efforts, giveaways, an audit of the smart contract, tracking platform listings, and the addition of an AI-powered helpdesk. The last tasks in Phase 1, such as developing teaching materials and putting together a compliance team, will be done soon. In Phase 2, the main focus will be on creating the core smart contracts, the DApp front-end and back-end systems, as well as code reviews and the introduction of risk parameters. The demo version, testnet beta, thorough audits, and end of the presale will all happen in Phase 3. Last but not least, Phase 4 will launch the live Mutuum Finance (MUTM) platform, add listings on exchanges, develop collaborations with institutions, and expand to multiple chains. Security safeguards make investors feel even more secure. CertiK has looked into the MUTM smart contract and given it a Token Scan Score of 90 and a Skynet score of 79. These numbers put it much above average for projects in their early stages and show how committed the team is to being open. Mutuum Finance (MUTM) is also giving a 50,000 USDT bug bounty program to encourage people in the community to help keep the platform safe. Rewards are based on how serious the problem is. Critical problems can earn up to $2,000, large problems can earn up to $1,000, medium-level finds can win up to $500, and low-level reports can earn up to $200. This method adds expert oversight to decentralized participation, which makes the platform stronger as it gets bigger. More and more, experts are comparing the early adoption curve of BTC to where MUTM is currently. Both are examples of revolutionary technologies that came out when many were skeptical. They both include mechanics that make them scalable over time, and they both reward people who see promise before the rest of the market does. With Phase 6 almost done and a price spike coming soon, the rationale for getting in early is greater than ever. Mutuum Finance (MUTM) is quickly becoming one of the best prospects in the market for people looking for the next initiative to follow in Bitcoin’s (BTC) amazing path. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance The post Despite being a new crypto, experts claim this penny token MUTM is ready to deliver like BTC did appeared first on Invezz