As the world accelerates towards digitization, the financial industry has not been left behind. Decentralized Finance (DeFi) aims to entrench itself as a crucial part of this digitization with useful solutions that have real-world utility. One of the projects in the DeFi space that aims to lead this revolution is Mutuum Finance (MUTM). Recently, the project announced it had passed a Certik audit. Let us examine why that matters.
The Mutuum Finance (MUTM) Certik Audit
Risk control is essential to the success of the Defi industry, which does not enjoy the same level of centralized regulation as the legacy financial system. To assure participants that a DeFi protocol is safe and secure, the Certik audit is an essential tool. Certik’s audit services are held in high regard in the DeFi world. They are often used to distinguish between safe and unsafe projects.
A Certik audit signals that the Mutuum Finance protocol can protect funds on its smart contracts. With the potential to attract billions of dollars’ worth of liquidity, the Mutuum Finance team has left nothing to chance.
Besides the Certik audit, the team has also established a lucrative bug bounty program. This program is designed to encourage experts to examine the code on a regular basis and report any vulnerabilities when they identify them. In addition, the team plans to conduct its own regular surveillance of the protocol to ensure that all deposits are always safe.
Protection From Low-Value Assets
In the crypto world, assets are not built the same. Some crypto assets have low liquidity and are prone to volatile price movements. To protect the long-term stability of the ecosystem, Mutuum Finance will vet such assets, and they will not be allowed on the protocol.
By vetting the assets that join the protocol, this will also control the complexity of the protocol’s code. The reason for this is that the more assets a protocol supports, the more complex it becomes, which increases the gas fees for everyone. Vetting assets will essentially keep costs low, giving Mutuum Finance a competitive advantage in the DeFi space.
Mutuum Finance also plans to take other measures to control layer costs. That will include cutting back on the calldata, which is one of the biggest sources of transaction costs in DeFi. For instance, since the protocol will support a limited number of assets, it can use a unique compact identifier of 16 bits instead of the full 160-bit address.
How Users Can Earn On Mutuum Finance (MUTM)
Mutuum Finance (MUTM) is primarily a lending protocol where lenders deposit assets and earn passive income on those assets. The interest rate they earn on their assets is determined by a pool’s utilization rate.
Mutuum Finance users can also participate as borrowers via over-collateralization. The third option is to participate as liquidators. When participating as liquidators, they will purchase debt that falls below a set level of collateralization at a discount.
The Mutuum Finance (MUTM) Stablecoin
Mutuum Finance (MUTM) plans to launch a decentralized stablecoin that can be collateralized using multi-asset positions. Traditionally, stablecoins have been backed by single asset vaults where each collateral is in a separate position.
The value of the stablecoin will be pegged to the USD and will be maintained through arbitrage. The arbitrage process will also provide an avenue for earning. Unlike other stablecoins, the Mutuum Finance stablecoin will be minted as a loan, which means that holders will pay interest on it.
Additionally, holders will have to overcollateralize their positions. That could potentially make it one of the most sought-after decentralized stablecoins. The result is that it could lead to a massive boost in liquidity for the protocol.
Mutuum Finance (MUTM) Presale Is A Roaring Success
The ongoing Mutuum Finance (MUTM) presale has been quite successful so far. It has raised over $10 million from over 11,700 investors so far. The presale, which is in phase 5, has a token price of $0.03, a 20% increase from the phase 4 price of $0.025.
Surprisingly, the pace of the presale has shot up recently, with over 25% of the phase 5 tokens having been sold less than a week after it launched. A major catalyst for this is the Certik audit. Additionally, market opportunities are drying up elsewhere.
2025 has been an exciting year for crypto investors, and the excitement is set to go high as MUTM tokens take over the crypto space. Purchasing your presale tokens at the current price of $0.03 is one of the best crypto investment decisions you could make in 2025.
For more information about Mutuum Finance (MUTM), visit the links below:
This articles is written by : Nermeen Nabil Khear Abdelmalak
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