Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

ETH, AVAX see big inflows but this $0.03 token could deliver 28x by year-end

6h ago
bullish:

0

bearish:

0

Share
Big money is flowing into ETH and AVAX but one $0.03 token could Deliver 28x Returns Before Year-End

According to the latest analysis of Ethereum (ETH), and Avalanche (AVAX), capital is flowing into them.

Despite this, actions by whales have meant that growth has stalled in the last few days.

Amid this stagnation, investors have turned elsewhere for growth.

One project that is receiving massive attention from analysts is Mutuum Finance (MUTM), which is currently in the presale and is attracting massive attention from whales.

So far, the presale has raised over $11.1 million, with the pace showing no signs of cooling.

According to analysts, the main driver of interest in Mutuum Finance (MUTM) is its utility-based vision for growth.

Unlike previous gainers in the crypto sector that have been driven by hype, Mutuum Finance (MUTM) relies on real-world use cases to achieve long-term stable growth.

At the heart of this growth is a well-designed framework that will ensure the protocol can deal with any eventualities in the crypto sector.

A promising presale

The Mutuum Finance presale is currently in the 5th phase, where tokens are going for $0.03 each.

So far, over $11.1 million has been raised in the ongoing presale from around 12,400 buyers. The current price of the presale is a 200% increase from the phase 1 price of $0.01.

Token prices are expected to go up by 16.67% in the upcoming phase 6 to $0.03.

This process of increments at every phase will continue until the final listing price of $0.06.

The current price of $0.03 means that buyers are getting their tokens at a massive 50% discount. This discount represents a rare opportunity that investors have made sure to fully exploit.

So far, 47% of the tokens set aside for phase 5 have been sold out, less than a month after they launch.

Based on analysts’ forecast of 28x gains when the tokens go live, a $1,700 purchase in the current phase could grow to over $47,000.

That is a massive return that represents the rare opportunity to make life-changing profits in the crypto sector. Do not let this once=in-a-lifetime opportunity pass you by.

The Mutuum Finance (MUTM) protocol

Mutuum Finance is a decentralized non-custodial protocol that allows users to participate as lenders, borrowers, or liquidators.

As lenders, they can deposit their assets into the protocol in exchange for an Annual Percentage Yield (APY). The interest rate that they receive on their assets is based on the pool utilization rate.

As the utilization rate rises, it pushes up the interest rate, which encourages borrowers to repay their loans.

At the same time, the rising APY attracts new lenders who deposit their liquidity into the pools to benefit from the rising APY.

Over time, this helps the protocol to achieve optimal capital efficiency.

The APY is purely based on market forces, and lenders can track how much their assets have earned in real time. This is made possible using mtTokens.

For instance, when a lender deposits $10,000 worth of AXAV into a pool, they receive mtAVAX tokens in return on a 1:1 ratio.

If the APY in that pool has risen to 16%, it means they will receive $1,600 on their $10,000 worth of AVAX deposit annually.

The mtTokens are based on the ERC20 token standard, which means they can be traded on secondary exchanges.

That allows lenders to still benefit from market opportunities in real time even as their assets accumulate interest.

Additionally, the design of mtTokens means that users do not need to actively claim or compound their gains. Instead, they are reflected in the value of mtTokens in real time.

Due to the compounding nature of the protocol, it could potentially lead to massive returns in the long-term, creating a great source of passive income.

To ensure that depositors on Mutuum Finance (MUTM) are protected from sudden market movements, all loans must be overcollateralized.

That requirement ensures that there is enough of a buffer in which liquidators can act to stabilize the ecosystem.

For instance, if the protocol parameters fall below the set collateralization level, liquidators step in and purchase the debt at a discount.

The discount they receive can be adjusted upwards, incentivizing them to act quickly and stabilize the ecosystem.

On top of overcollateralization, the Mutuum Finance (MUTM) will carefully monitor market conditions, and adjust the protocol parameters when necessary.

These changes can include changing the optimal utilization targets, and adjustments to the interest rate slopes.

Mutuum Finance (MUTM) will ensure that borrowing costs on the protocol remain competitive with the rest of the market.

Consequently, it will prevent a situation where arbitrage traders take liquidity from the ecosystem to benefit from external opportunities.

Over the long-term, this will ensure the stability of the ecosystem.

Conclusion

With a perfectly-designed protocol, and the optimistic forecast of 28x gains, MUTM tokens represent a truly unique opportunity to turn your fortunes around in the crypto sector.

The whales have already secured their tokens, and you too can benefit from this massive opportunity. 

For more information about Mutuum Finance (MUTM), visit the links below:

Website: https://www.mutuum.com/ 
Linktree: https://linktr.ee/mutuumfinance

The post ETH, AVAX see big inflows but this $0.03 token could deliver 28x by year-end appeared first on Invezz

6h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.