Mutuum Finance: A Closer Look at the $20M Presale and Upcoming Launch

Audit Success and Upcoming Testnet Launch

Mutuum Finance has successfully completed a security audit by Halborn Security for their V1 lending and borrowing smart contracts. This is a significant milestone as they prepare to open V1 for public testing on Ethereum’s Sepolia testnet.

Presale Heats Up

The presale is in Phase 7, with MUTM tokens priced at $0.04—a discount compared to the planned launch price of $0.06. Over 18,800 participants have joined, and more than 830 million tokens have been sold out of the 1.82 billion allocated for the presale. The token price has surged 300% from $0.01 in Phase 1 to $0.04 now, with a projected 500% increase by launch.

Key Features of V1 Release

The upcoming V1 release on the Sepolia testnet includes:

• Liquidity Pool
• mtToken
• Debt Token
• Liquidator Bot
• Support for ETH and USDT markets

Decentralized Borrowing and Yield Generation

Mutuum Finance offers a decentralized, non-custodial platform for borrowing and yield generation. Lenders deposit assets into shared pools to earn interest, while borrowers access liquidity by posting collateral. The project features a dual market structure:

• Peer-to-Contract (P2C) pooled markets
• Peer-to-Peer (P2P) markets

Future plans include launching an overcollateralized stablecoin and expanding to multiple blockchain networks.

$100,000 Giveaway

To maintain momentum, Mutuum Finance has launched a $100,000 giveaway, with 10 winners each receiving $10,000 worth of MUTM tokens. With Phase 7 offering a discount and the presale allocation dwindling, this may be the last opportunity to participate before the launch.

Highlights

• Audit completion
• Sepolia V1 rollout
• Near-$20 million presale

The project is rapidly approaching its mainnet launch, marking a significant step in decentralized finance.