Latest Developments in Mutual Aid Finance (MUTM): V1 Protocol Activated, Main Features Announced
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According to a report by Bijie Network: Mutuum Finance has activated the V1 version of its non-custodial lending protocol on the Sepolia testnet, marking the transition from the design phase to the functional testing phase. This Ethereum-based protocol adopts a dual lending model, featuring both a Peer-to-Contract (P2C) liquidity pool and a Peer-to-Peer (P2P) marketplace. The presale of its MUTM utility token has raised over $20.1 millions from more than 19,900 holders. At the current stage, the token price has increased from $0.01 to $0.04, a 300% rise, significantly surpassing the originally planned issuance price of $0.06.
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