Shiba Inu (SHIB) is still firm as investors and traders look forward to the latest news. Meanwhile, Mutuum Finance (MUTM) is making headlines with its new lending technologies and community-driven growth strategies, hence becoming a force to reckon in DeFi. This new altcoin, which is currently at a mere $0.035 has seen more than $16,150 interested investors buy it.
Shiba Inu (SHIB) Sweep-Up Narrows Investor Demand
Shiba Inu sits at approximately $0.00001255, with little action during the last trading periods. The token remains to function well in the cryptocurrency market due to a strong community and further ecosystem development. SHIB price action still remains in consolidation phase, with investors watching overall direction and making sure to invest cautiously. In addition, interest is slowly dispersing toward new platforms, like Mutuum Finance (MUTM), which indicates an interest shift within the cryptocurrency market.
Mutuum Finance Stage 6 FOMO
Investors are now purchasing MUTM tokens at $0.035 in Stage 6 of presale. Waiting for Stage 7 costs an additional 14.3% per token. To date, the coin has been accumulated by over 16,150 supporters and raised over $15.5 million in funds, demonstrating a high level of market interest and demand.
Official Bug Bounty Program
Mutuum Finance, in partnership with CertiK, has launched an official $50,000 USDT Bug Bounty Program. The developers reward individuals who discover bugs in the project’s codebase on a four-level scale of seriousness: critical, major, minor, and low. The program guarantees any potential bugs are fixed to enhance platform security and protect investors and users.
Price Discovery
Precise price data is necessary for borrowing, lending, and liquidation to be secure. Mutuum Finance makes use of Chainlink oracles to provide market prices in USD and local tokens such as ETH, MATIC, and AVAX to the system. Fallback oracles, combined feed data, and time-weighted average decentralized exchange prices are also employed by the system to keep valuations as precise under stress market conditions.
Managing Volatility and Exposure
Market volatility is directly translated into collateral management in the protocol. Mutuum Finance differentiates liquidation points and Loan-to-Value (LTV) according to the stability of every token. More stable, stronger tokens have higher borrowing value and allowances, while riskier tokens have lower values. Reserve multipliers are utilized proportionally between approximately 10% for lower-volatility assets to a maximum of 35% for riskier assets, accumulating a default protection margin without restricting participation diversification.
Mutuum Finance is also working on an overcollateralized USD-backed stablecoin on the Ethereum blockchain. The stablecoin will be resistant to market sentiment and volatility with zero possibilities of depegging and providing users a stable base for transactions and savings in the long term.
The Future of DeFi
Mutuum Finance DeFi protocol allows clients to control their capital actively via passive lending and borrowing, with the aim of empowering borrowers to take loans collateraled by stacks of securitised assets. System stabilization algorithm and interest rate optimization algorithms are utilized in the system, with the target of making the system efficient as well as long-term capital utilization.
Risk and Liquidity Management
The protocol actively controls market liquidity and volatility to facilitate closing of troubled positions. Risk exposure is necessarily maintained within limits established in advance, and liquidation parameters are established. Assets such as ETH and stablecoins can offer larger Loan-to-Value ratios, while riskier assets are supplied with lower ones. Reserve factors are distributed proportionally to all token classes to manage asset opportunity vs. risk to maximize overall protection of the protocol holdings.
Mutuum Finance (MUTM) is quickly becoming one of the best DeFi players as Shiba Inu (SHIB) stays steady at around $0.00001255. Phase 6 tokens sell for $0.035, and Phase 7 will rise 14.3% to give early investors a pretty good leg up. More than 16,150 holders have signed up, and $15.5M+ raised suggest demand is high. Lock your MUTM tokens up now before Phase 7 gets the price up.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
Source: https://www.cryptopolitan.com/shiba-inu-shib-latest-developments-and-what-is-the-best-new-cryptocurrency-to-invest-today/
