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>>This new cryptocurrency presents a similar opportunity to the one seen with XRP in 2021 – here’s the reasoning.

This new cryptocurrency presents a similar opportunity to the one seen with XRP in 2021 – here’s the reasoning.

crypthub

2 days ago

Introducing Mutuum Finance (MUTM)

Mutuum Finance is a decentralized lending and borrowing protocol launching on Ethereum, aiming to provide everyday crypto users with a transparent and flexible platform. Users retain custody of their assets, and transactions are executed programmatically through smart contracts. The protocol distinguishes itself with a combination of lending markets, an interest-bearing token model, and a stablecoin designed for a 1:1 USD peg.

The Utility of MUTM Token

MUTM is the platform’s native ERC-20 utility token with a fixed supply of 4 billion. It's used as a reward and utility asset, distributed to mtToken stakers through a buy-and-distribute mechanism, creating an aligned incentive structure. The token is currently in a presale phase, with early participants seeing significant gains, and the price is expected to rise.

Development and Future Launch

The Mutuum team is progressing steadily with development, with V1 scheduled to launch on the Sepolia testnet in Q4 2025. The mainnet launch will support ETH and USDT, utilizing a secure price oracle and automated liquidator. The project has already raised over $17 million, attracting a growing community of holders and signaling strong momentum.