Ethereum Eyes $5k as Mutuum Finance Secures $16m for Innovative DeFi Model
Ethereum (ETH) could soon reach $5000, sparking excitement in the crypto world. Meanwhile,Mutuum Finance is making waves with its $16 million funding for a groundbreaking lending platform.
Mutuum combines Peer-to-Contract (P2C) adn Peer-to-Peer (P2P) lending.How does it work? In the P2C model, users deposit stablecoins or major tokens into secure smart contracts. Borrowers gain liquidity, and lenders receive mtTokens, which yield earnings and can be used as collateral.
This approach boosts capital efficiency. For instance, depositing SOL can unlock funds while maintaining market exposure. The P2P model supports riskier tokens like DOGE and SHIB. Here, users negotiate directly, setting their terms and rates.
So far, Mutuum’s presale has attracted over 16,450 investors. Each holds tokens priced at $0.035. The next phase bumps this to $0.040. With CertiK audits and a $50,000 bug bounty, security remains a priority.
The beta launch aims to test practical applications. If accomplished, ETH and MUTM could shape the future of decentralized finance. Looking ahead, exchange listings and trading will play vital roles.
To stay updated, explore Mutuum Finance’s official channels.
