If you are seeking to make massive returns in the crypto sector, one of the best places to look is low-cap coins. These are usually coins that are under $1 billion. Besides that, they need to show massive growth potential. So far, one of the best projects that fits this description is Mutuum Finance (MUTM). Let us find out why.
Mutuum Finance (MUTM) is a utility-based project that aims to achieve the full potential of decentralized finance (DeFi) technology. On the protocol, users can participate as lenders, borrowers, or liquidators.
As lenders, you deposit funds into the protocol’s liquidity pools to earn interest. The interest you earn is based on the pool’s utilization rate. As more borrowers take loans from a pool, the utilization rate rises, which increases the interest. This encourages borrowers to pay back loans, while also promoting lenders to deposit more funds to benefit from the higher yields.
Borrowers can choose between stable and variable rates. The stable rates are designed for borrowers who need predictable repayments. To keep the system balanced, the stable rate starts higher based on a time-weighted average of the variable rate.
If the variable rate rises significantly above the stable rate, a rebalancing is triggered. The stable rate is increased to avoid an overly huge gap. This ensures the system’s liquidity is protected from arbitrageurs who would otherwise raid the ecosystem’s liquidity.
Mutuum Finance (MUTM) has a massive community of over 20k across all its social media channels. This is an impressive achievement for a project that is barely halfway through its presale. The project has worked to cultivate and grow the trust of its community since the start.
In one of the latest moves to bolster its community’s trust, it released the CertiK audit results. The results have been crucial to boosting trust in the project and are expected to have a positive impact on community growth. For instance, it has over 10.5k followers on X, which is one of the largest social media platforms in the world, and one with a huge active crypto community.
Another boost in trust came when Mutuum Finance (MUTM) was listed on CoinMarketCap, the biggest crypto price aggregator in the world. The CoinMarketCap platform has over 350 million monthly visitors, which places Mutuum Finance in an extraordinarily great position to benefit from this massive community.
The listing on CoinMarketCap signals that Mutuum Finance can be trusted. The reason for this is that the platform has an intense vetting process for new tokens. One of the requirements is that they pass a third-party security audit.
The team behind this project has proven its commitment to honesty through the CertiK audit. Additionally, they have posted a full roadmap of everything they plan to achieve, signaling their commitment to accountability.
So far, they have completed 75% of what they set out to achieve in phase 1 of the roadmap. They also provide regular updates to their community on the progress of the project. For instance, they recently revealed that they plan to launch a beta version of the platform on the token listing day.
The release of the platform will coincide with the launch, giving the community a chance to review the platform and come up with their own conclusions. Such a commitment shows that they are willing to be accountable for what they have been doing for the presale phase. It will also provide an opportunity for the community to air out their feedback once they test the beta version of the platform for themselves.
The Mutuum Finance (MUTM) presale is well structured, with incremental rises in price at every phase. For instance, in the current phase 5 of the presale, the tokens are going for $0.03, a 200% increase from the phase 1 price of $0.01.
These increases are designed to support the earliest believers in the Mutuum Finance (MUTM) vision with the biggest rewards. In the upcoming phase 6 of the presale, the token price will increase by 16.67% to $0.035. That price increase will reduce the guaranteed ROI from 100% to 71.43%, based on the listing price of $0.06.
To reward the Mutuum Finance (MUTM) community for their support in the presale, the team has organized a massive $100,000 giveaway. In this giveaway, ten lucky winners will each receive $10,000 worth of MUTM tokens. To qualify for this giveaway, you only need to participate in the presale with a minimum of $50.
Besides the giveaway, Mutuum Finance also has a leaderboard set up in the presale dashboard. The top 50 participants in the presale will be eligible to receive bonus tokens.
These prizes and bonuses show that Mutuum Finance (MUTM) is committed to rewarding its community, which is a clear sign of a people-centered DeFi project. With so much at stake, participating in the presale could be your ticket to life-changing gains when the project goes live.
For more information about Mutuum Finance (MUTM), visit the links below:
Website: https://www.mutuum.com/
Linktree: https://linktr.ee/mutuumfinance