Mutuum is ecstatic to introduce its new and revolutionary stablecoin and lending platform. It includes a dual-model lending structure and a unique way of interacting with its lending protocol to keep its stablecoin peg. Mutuum plans to amplify the MUTM token listing with its first beta-ready platform launch. This launch will bring users a unified experience for earning yield and accessing decentralized finance (DeFi) services. The MUTM token is currently priced at just under $0.03 during the presale phase. Once listed at $0.06, there’s potential for early investors to make a profit of over 3000%! Additionally, Mutuum’s roadmap is directly linked to real-world delivery of its features.
Overcollateralized Stablecoin and Active Interest Rate Management
Mutuum’s next innovation is a trustless stablecoin, more like DAI in its overcollateralized structure, but algorithmically kept pegged to $1. Together, these features form a robust safety net against defaults. For one, it ensures that the stablecoin is backed by collateral that’s more than the value of its redeemable tokens.
To keep the peg even more stable, Mutuum intends to directly control interest rates on loans, adjusting them as necessary. By adjusting interest rates based on market conditions, the platform can incentivize borrowing and lending activity to keep the stablecoin price close to $1.
This active management of interest rates, combined with the overcollateralized structure, aims to create a robust and reliable stablecoin within the Mutuum ecosystem.
MUTM Token Utility and Revenue Redistribution
Staking is not the only utility of the MUTM token, as it serves an important function within the Mutuum platform’s overall economics. Any revenue accrued by the protocol, from lending operations, will be used to buy back MUTM tokens on the open market.
These repurchased MUTM tokens will then be redistributed to users staking in specified contracts. This buyback and redistribution mechanism makes staking all the more lucrative. Perhaps most importantly, it incentivizes those users to actively contribute to the stabilization and growth of the platform.
With a total token supply of 4 billion, the MUTM token is meant to function as an internal medium enabling a positive-cycle ecosystem.
Earning Yield with mtTokens and Dual-Model Lending
Deposits in Mutuum automatically mint mtTokens, yield-bearing representations of deposited assets. These mtTokens earn interest, creating a new passive income opportunity for users of the tech.
Beyond just earning interest, mtTokens can be staked behind the Mutuum platform in return for MUTM token rewards. This dual-incentive structure motivates users to hold and stake their mtTokens, creating a robust cycle of value-add to the mtP platform.
Mutuum has a dual-model lending structure that gives users greater flexibility and choice in how they access and provide liquidity. Though new to transit, this generally cross-disciplinary approach deepens equity outreach. It provides flexibility to the large range of people with different levels of risk appetite and investment strategy.