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10 months ago

This Polygon (MATIC) Rival Can Give 50x Returns in 2025

Mutuum Finance (MUTM), a decentralized lending platform, has raised over $950,000 in its presale, attracting more than 1,740 holders. With 86% of the first presale phase sold out, the current MUTM price is $0.01, set to increase to $0.015 in the next phase. Some analysts predict a potential 50x return after the platform's launch. Mutuum Finance allows users to lend and borrow crypto assets. Lenders earn passive income through interest-bearing mtTokens, representing their deposited assets. For example, depositing 12,000 USDT could yield 12,720 USDT after a year with a 6% annual percentage yield. Borrowers can use their crypto as collateral, such as 6 BNB to borrow up to $2,800 worth of USDT, given a 70% loan-to-value ratio. Mutuum Finance will also offer an overcollateralized stablecoin pegged to the US dollar, aiming to provide a stable borrowing option. A beta version of the platform is planned for release alongside the token's official launch. The team anticipates increased demand and visibility once the token is listed on exchanges.

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