With the crypto market about to enter its next possible bull run, investors are looking at upcoming projects that may take over established giants such as Solana (SOL). A recently introduced name performing quite well is Mutuum Finance (MUTM), a DeFi protocol that aimed to break the age-old lending and borrowing patterns through its low transaction fees and cross-chain features.
The presale of Mutuum Finance has reached a sixth round and sells tokens at a price of $0.035. Those who get their positions secured at this point will be estimated to gain more than 500% when the token is launched on exchanges. So far, the presale has been able to gather 16000 participants and raise over $15.31 million in capital.
As Solana struggles to establish itself as one of the leading layer-1 networks, new coins, such as Mutuum Finance are beginning to draw the attention of both retail and institutional investors.
Solana (SOL) Outlook: Is Bullish Momentum Testing $200 Support
Solana is trading close to $200 with a major support level that analysts believe may position it to experience an upward breakout should it be maintained. In case SOL recovers the $216 zone, then we can get a movement towards the $250-$350 in the subsequent bullish wave. In projections through 2025, at the extremes of forecasts, the high and low ends are predicted at $220 to $500, with a midrange of $400 to $500 depending on institutional inflows and network upgrades such as Alpenglow. Though Solana still holds its layer-1 status, some other prospective DeFi projects like Mutuum Finance are gaining interest among investors.
Mutuum Finance Introduces Bug Bounty Program of $50 000
Together with CertiK, Mutuum Finance has launched a Bug Bounty Program, where white-hat hackers, developers, and security researchers can find bugs. The reward scales are determined by the level of vulnerability that was identified, and the reward is broken down into minor and major security concerns and the largest compensation of $50,000 USDT. The initiative will help build the security of the platform, protect user funds, and encourage investor trust in the Mutuum Finance ecosystem.
Community Giveaway: $100,000 to the First To Show Support
To celebrate its early adopters, as well as grow its user base, in addition to the Bug Bounty, Mutuum Finance is conducting a $100,000 giveaway. Ten participants will be given $10,000 MUTM tokens each as a sign of the project investing in developing a long-term and loyal community.
Dealing with Market Risk, Volatility and Liquidity
Mutuum Finance uses both caps and liquidation parameters to dynamically adjust exposure and incentivize liquidators in times of low liquidity to achieve a stable ecosystem. The volatility of assets is a direct indicator of Loan-to-Value (LTV) and liquidation levels: more volatile assets will have more conservative parameters, whereas less volatile assets will have higher parameters. Risk rating also determines reserve factors to make the protocol as secure as possible and as usable as broadly as possible.
Community-Centered Development and Security
Mutuum Finance is striving to create not only a secure and scalable DeFi platform but also an ecosystem where users, token holders and investors can succeed and share in the long-term success of their enterprise through its security initiatives and community programs.
Mutuum Finance (MUTM) is already becoming a leading competitor to Solana (SOL) on the next rally. The price of stage 6 tokens is $0.035, and it has more than 16,000 investors with a total amount of more than $15.31M collected that the market is interested. First movers are looking at 500% or higher returns after listing. MUTM is an amalgamation with security, scalability, and cross-chain DeFi innovations backed by a $50K CertiK bug bounty, $100K community giveaway, and improved risk controls. Lock in the lower price before the second stage raises the price.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
This articles is written by : Nermeen Nabil Khear Abdelmalak
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