The past decade has had a major transformation in the financial world that most experts missed. As the decentralized financial (DeFi) world has continued to evolve, it has become harder for experts to brush it aside. Today, DeFi protocols hold billions of dollars’ worth of value, and some, like Mutuum Finance (MUTM), are built to match and exceed the capabilities of the legacy financial system.
If you are looking at top Defi projects where you can participate actively, or through their native coin, the following projects offer the best returns.
The Mutuum Finance (MUTM) DeFi project is leading the next wave of DeFi with a new protocol framework that could propel it to the top. It is built around a decentralized non-custodial lending protocol where lenders deposit assets to earn interest.
The interest rate on assets in Mutuum Finance is determined by a pool’s utilization rate. As more borrowers take loans from a pool, the rate rises to meet this demand. The rising interest rate encourages borrowers to pay back their loans, while lenders are incentivized to deposit assets to benefit from the rising yields.
Mutuum Finance (MUTM) has a solid strategy for attracting key liquidity to the platform. It will use MUTM token rewards to encourage users to deposit high-value assets like major crypto coins and stablecoins. That will ensure that the protocol remains stable even during periods of high volatility.
Another strategy to protect the solvency of the protocol is via active oracle monitoring. They will especially focus their efforts on layer 2 networks and side chains to check for potential price manipulation.
If price data for any assets becomes unreliable, use of the asset on the protocol may be suspended as an investigation is carried out. The project will also impose caps on collateral and liquidity for some tokens on the platform. These caps help limit exposure to some unstable tokens, protecting users from infinite mining exploits.
They could also adjust liquidation parameters in line with changing market conditions. If a position gets close to the acceptable threshold, it could experience a partial liquidation to restore ecosystem health. In extreme cases, the whole position can be liquidated to preempt any losses.
Mutuum Finance (MUTM) recently completed a CertiK audit, which has led to a major improvement in the speed of the presale. The CertiK audit gave Mutuum Finance (MUTM) a Token Scan Score of 80. Those results are expected to play an important role in getting MUTM tokens listed on a top-tier crypto exchange.
The project also plans to launch a bug bounty program, which is an open invitation to developers, security researchers, and ethical hackers to check the code for vulnerabilities, boosting the defense of the protocol in the long term.
These diverse but complementary measures will ensure that Mutuum Finance (MUTM) is well-prepared to handle any market conditions when it goes live.
The Toncoin project is a digital asset built on The Open Network (TON), which is built for fast transactions. It has become a well-known project in the crypto sector that aims to offer fast transactions and scalability.
One of the main downsides of TON is the high level of centralization, which could create problems for future development as big investors seek to control the project. Another issue with TON is that it is not widely available on centralized exchanges. As a result, that limits the option to trade it. This low level of adoption could be from the lack of motivation from the team.
Unlike TON, the mutuum Finance (MUTM) will actively work to get the token listed on as many exchanges as possible, giving MUTM token holders numerous trading options.
One of the best ways to make massive gains in the crypto sector is by being an early adopter. Currently, the project that offers the best chance for this is Mutuum Finance (MUTM), which is still in the presale.
Many investors agree with this, and so far, over $10.3 million has been raised from the ongoing presale. So far, over 11,900 unique buyers have bought MUTM tokens in the presale, which is currently in phase 5.
Tokens in this phase are going for $0.03, a 20% increase from the phase 4 price of $0.025. In the upcoming phase 6, the token price will go up another 16.67% to $0.035.
Finding an opportunity like the MUTM token presale, where you can join as an early adopter, is rare. It gives you a chance to make massive gains while also being part of a promising ecosystem that could dominate the DeFi industry.
For more information about Mutuum Finance (MUTM), visit the links below:
Website: https://www.mutuum.com/
Linktree: https://linktr.ee/mutuumfinance