Mutuum Finance Presale Raises $9.4 Million With 20% Token Price Increase

Tron (TRX) has been trading at around $0.27 per token for several years, despite its initial promise to revolutionize the decentralized applications (dApps) world. The cryptocurrency has not seen significant growth, leading investors to explore other opportunities. One such opportunity that has garnered considerable attention is Mutuum Finance (MUTM).

Mutuum Finance (MUTM) is an innovative project that combines the best technologies in decentralized finance (DeFi) to address existing challenges. Crypto analysts who have reviewed its white paper and recent developments have described it as a trailblazer in the DeFi space. The project has organically built a community of over 10,000 followers on X, indicating strong interest and support.

The ongoing presale of Mutuum Finance (MUTM) has further validated its potential. The presale has raised over $9.4 million from more than 11,300 investors, currently in its fifth phase where each token is priced at $0.03. In the previous phase, the token price was $0.025, marking a 20% increase. At the current price, buyers are assured a 100% return based on the planned listing price of $0.06. The price is set to rise by 16.67% in the next phase, reducing the guaranteed return to 71.43%. The presale has seen rapid purchases, with over 9% of the tokens for phase 5 already bought within a week of its launch.

Mutuum Finance’s commitment to revolutionizing DeFi extends beyond mere hype. It offers practical solutions that can attract new users for years to come, supported by mechanisms that encourage growth. The project's main value proposition is its unique decentralized liquidity protocol, which operates in two primary modes: peer-to-contract (P2C) and peer-to-peer (P2P).

In the P2C mode, lenders contribute liquidity to a collective pool, and borrowers can access these funds within the same smart contract. This system does not require individualized loan matching, relying instead on the dynamics of the collective pool. The interest rate is set dynamically based on the pool’s utilization, encouraging more lenders to deposit their assets as the interest rate rises. This self-balancing mechanism ensures the long-term solvency of the pools and promotes maximum capital efficiency. Lenders in the P2C mode receive mtTokens when they deposit funds, which grant them instant liquidity and represent their share in the collective pool, including any interest accrued.

The use of mtTokens ensures full transparency and non-custodial ownership. Users can monitor their deposits and trade these tokens on secondary marketplaces or within Mutuum Finance, taking advantage of market opportunities. The P2P mode is designed for low liquidity tokens like the BONK meme coin, operating in separate smart contracts to protect the core pools from high volatility. Lenders and borrowers can agree on unique terms for these assets, including the interest rate and loan duration.

All loans on Mutuum Finance are overcollateralized, with a “stability factor” monitoring all collateral and associated loans. If the value of collateral falls below a certain threshold, it is liquidated, creating an opportunity for liquidators to make a small profit by purchasing the debt at a discount. Early backers of Mutuum Finance (MUTM) will have the chance to test a beta version of the platform on the day of the token listing. The team plans to launch this beta version as proof of concept to convince any remaining doubters of the potential use cases. Those who wait until the beta launch to invest in MUTM tokens could still experience a 10x increase from the listing price.