While institutional investment pours into XRP and moves Ripple towards the highly anticipated $4.50 mark, a new token Mutuum Finance (MUTM) is grabbing even more headlines. As the pros wait for a jaw-dropping 5,000% breakout potential, Mutuum Finance (MUTM) is quickly becoming the red-hot token in the markets, interesting not just retail traders but, more and more, institutional investors as well. With the price action of XRP showing modest growth ahead, the groundbreaking traction of Mutuum Finance shows how the latest generation of DeFi protocols are revolutionizing the market.
XRP trades at $3.17 as it holds in the wake of new institutional buying that analysts say may support a more enduring drive higher into the $4.50 area if the rally continues. The token’s new rally is a reflection of broader enthusiasm for established altcoins that are rising in terms of regulatory clarity and adoption of cross-border settlement use cases. Whereas investors consider possible upside, the fate of XRP is also being set against new momentum in newer DeFi players such as Mutuum Finance.
Mutuum Finance is already at presale phase six, and it is here that the tokens can be bought for $0.035 with a 16.17 percent boost from the last phase. There is massive demand for the project in the market as it has already enrolled more than 16,300 investors and crossed $15.8 million.
Mutuum Finance (MUTM) has also initiated a Bug Bounty Program worth $50,000 USDT for platform security. The bugs have been scored on four levels based on the designation critical, major, minor, and low.
Mutuum Finance collateralization is capped by assets and differs as per the nature of risk an asset would pose. It encompasses supply capping, collateral and borrowing capping.
The protocol is hedging market risk by overcollateralizing positions. The protocol also incentivizes the liquidators for closing the undercollateralized trades and thus risky positions are closed in real time.
Collateral usage is still low for risk tokens but the most correlated ones are put into use to their maximum so that they are in a position to maximize their collateral. All these are used for insolvency risk mitigation in such a manner that no form of imbalance is formed between borrowing and lending in the protocol.
Mutuum Finance (MUTM) will establish an active user base by conducting an initiative campaign of a $100,000 giveaway. Ten users will be given $10,000 MUTM tokens each in return for propagating investments on the protocol.
Mutuum Finance (MUTM) is an LTV build with risk-of-assets contingent one with subjective collateral. It also incorporates reserve factors as fall-back and a very bad market condition buffer. Risk assets are reserved more in an attempt to provide higher security to the protocol as well as users.
Mutuum Finance (MUTM) is fast-paced in leaving behind traditional plays like XRP in the dust as experts are forecasting a 5,000% breakout from where it is now in presale. Tokens are at $0.035 in Phase 6 and have already captured 16,300 investors and attained $15.8M raised, with the subsequent phase looking forward to another pricing hike. Backed by a $50K CertiK bug bounty, a $100K community giveaway, and strong collateral and risk management, MUTM has upside potential with strong security and sustainability. While XRP is dreaming of $4.50 on institution flows, Mutuum Finance offers early investors much more up-side. Lock up your Stage 6 tokens now before the next big run.
For more information regarding Mutuum Finance (MUTM) please use the following links:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance