Mutuum Finance: A Look at the Crypto Project's Progress and Plans

Project Overview

Mutuum Finance, a decentralized finance (DeFi) project built on Ethereum, is advancing rapidly in its development. The project's token, MUTM, is nearing the end of its distribution phase, with the first version of the protocol set to launch soon.

Key Features

Mutuum Finance aims to create a lending and borrowing system that caters to different user needs. It offers two main features:

Pooled Lending
Users contribute assets to shared pools and receive mtTokens in return.
These tokens represent their share of the pool and earn yield based on borrowing demand.
Allows users to earn passive income without managing individual loans.
Structured Borrowing
Users borrow funds by providing collateral.
Loan-to-value limits and liquidation thresholds protect lenders.

Upcoming Launch

The project is preparing for its V1 deployment on the Sepolia testnet in the last quarter of 2025. This version will include:

Liquidity pools
mtTokens
Debt tokens
Automated liquidation systems

Initial assets supported: ETH and USDT for lending, borrowing, and collateral during testing.

Tokenomics

Total Supply: 4 billion MUTM
Presale Allocation: 45.5%
Presale Performance:
Token price increased by 250% since its first phase.
Project raised $19.45 million from over 18,650 participants.
Current phase is almost complete, with less than 1% of tokens remaining.
Official launch price: $0.06 (potential 500% return for Phase 1 participants).

Community and Security

Daily Leaderboard: Rewards the top contributor with $500 in MUTM.
Easy Participation: Token purchases can be made through card payments.
Security Measures:
Completed a CertiK token scan with a score of 90/100.
Launched a $50,000 bug bounty program.

Future Plans

Developing a native stablecoin to support borrowing demand and maintain price stability.
Planning for Layer 2 deployment to reduce transaction costs and improve execution speed.

Conclusion

As the presale nears completion and the V1 development progresses, Mutuum Finance is entering a crucial phase. The combination of shrinking token supply, rising participation, and visible infrastructure development positions the project for its next stage of growth.