Mutuum Finance (MUTM) Prepares New Feature Expansion for V1 Protocol
Mutuum Finance launched its V1 protocol on Sepolia testnet and plans to release a new feature next week, with over $90 million in TVL.Summary
Mutuum Finance has launched its V1 lending and borrowing protocol on the Sepolia testnet, introducing core functionalities and preparing for further expansion. The team announced a new feature rollout next week while optimizing the Stability Factor. The protocol has surpassed $90 million in testnet TVL, with over 19,000 MUTM token holders and $20.6 million raised. Users can currently interact with the protocol using ETH, USDT, LINK, and WBTC, earning mtTokens and potentially generating passive income through staking. Collateralized borrowing is also available, allowing users to leverage their assets without liquidation. Mutuum Finance has undergone security audits by Halborn and CertiK, and a bug bounty program with a $50,000 reward pool is in place to enhance security.
(Source：BeInCrypto)