With September rate cut possibilities rising to effectively a done deal, investors are shifting their focus to coins that will benefit from more accommodative monetary conditions. As much as Ethereum remains a markets sentiment indicator, all focus is now on Mutuum Finance (MUTM), a new altcoin set to shake up decentralized lending and liquidity. Mutuum Finance successfully conducted five presale rounds, and round six is live with the token price of $0.035.
Investors that acquire tokens during this time will have a tremendous ROI when the coin starts public trading. Presale has 16,220 backers till date and has already raised more than $15.6 million in funds.
Ethereum Hovers Steadily Amid Rumors of Rate Cut
Ethereum (ETH) stands at $4,314, with trading volumes between $4,279 and $4,379 over the last 24 hours. As odds of a September rate cut are almost a done deal, ETH remains a sentiment indicator, and analysts see looser monetary conditions as spurring further inflows into digital tokens. As Ethereum finds a home in this range, market watchers are also keeping an eye on how shifting liquidity conditions can impact budding platforms like Mutuum Finance.
Mutuum Finance Launches $50,000 Bug Bounty Program
Mutuum Finance (MUTM) is partnering with CertiK to roll out a Bug Bounty Program for security researchers, experts, and developers.
The protocol compensates the users who find and report any bug against the project’s security. The payment for the reward changes based on the level of severity in each bug, with minor to major severities being compensated for. The highest amount that one can receive is $50,000 in USDT. All this does is keep the website secure, safeguarding the visitors, and gaining the trust of the investors.
Besides the bug bounty, Mutuum Finance has also initiated a $100,000 giveaway to encourage early adoption, increase the user base, and encourage community engagement. Membership can reward you with one of the 10 prizes of $10,000 MUTM.
Regulation of Market Risk, Volatility, and Liquidity
Mutuum Finance implements liquidation rules and limits for risk and stakeholder protection as well as system stability due to a lack of liquidity.
Market volatility has a direct bearing on whether the LTV ratios and liquidation levels would be riskier in character or otherwise. The system is riskier, i.e., more conservative and narrow policy, when the market is extremely volatile. The system can be stable and flexible when the volatility is low.
Risk levels subsequently also dictate the level to which the reserve funds are activated, in a bid to ensure the security of the platform and keep it running under different market conditions.
Mutuum Finance’s way of DeFi ensures that as the platform user you’re always in control of your assets. Through lending, users are rewarded with passive income from borrowers and lenders, and access to funds is instant by borrowing multiple assets across loan value.
Building a Secure and Community Driven DeFi Ecosystem
Mutuum Finance not only operates to create a secure and scalable DeFi platform but a community-oriented, entertaining environment as well. Through its presale and ongoing campaigns, MUTM started a chain of rewards to users, incentives to investors, and long-term stability to the project.
Mutuum Finance (MUTM) is trending upward as investors expect a September rate cut that could bring new liquidity into crypto markets. Stage 6 tokens are $0.035, with over 16,220 supporters and $15.6M raised, showing early conviction. Ethereum (ETH) is holding steady at $4,314, but new DeFi platforms like MUTM are positioned for even more upside as borrowing costs fall. Lock up your Stage 6 tokens now before the next presale price increase.
For more information regarding Mutuum Finance (MUTM) please check the following links:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance
Source: https://www.cryptopolitan.com/best-altcoins-to-invest-in-today-as-september-rate-cut-chances-rise-to-100/
