Cardano (ADA) is taking an important step forward on the path of scalability, as Input Output Global (IOG) recently revealed the extensive Layer-2 ecosystem comprising of protocols such as Hydra, Mithril, zkFold, and an upcoming Midgard rollup. The goals of these advancements are to minimize the latency, maximize throughput, and to combine into a single DeFi experience without liquidity fragmentation. However, as much as ADA is well positioned to grow in the future, the short-time focus is drifting toward new, faster rising assets such as Mutuum Finance (MUTM) . The project has sold out more than 45% in phase 5 of its presale at a price of $0.03 today. MUTM has already managed to raise more than $11.3 million and attracted more than 12,600 investors to the project. Mutuum Finance is also becoming a hype DeFi token that the traders perceive as a possible breakout in the coming bull run cycle. Cardano holds near $0.57 amid layer‑2 anticipation Cardano (ADA) is selling at a lower point at the current price of below $0.57 and has recently ventured into higher level quests with investors swallowing down the development of additional layer-2 scaling innovations. Caught between the range of $0.56 to $0.59 narrowing down and the overall daily volume that ranges over $600,000,000, it seems like ADA is getting its house in order with regard to waiting to become a broader element to a given integration and become more scalable. Mutuum Finance presale stage 5 gains momentum Mutuum Finance (MUTM) is picking up some serious traction as it reaches Stage 5 of its presale. With more than 12,600 early adopters and more than $11.3 million raised, it’s clear to see this isn’t a flash in the pan wave of sentiment, Mutuum Finance is taking big steps as a key player in the DeFi. A USD-pegged token on Ethereum with $50K security bounty Mutuum Finance in its strategic moves to build more on its DeFi platform is launching a fully collateralized USD-backed stablecoin on the Ethereum network. In contrast to very risky algorithmic stablecoins, this cryptocurrency is designed to maintain its worth even during market volatility. The project is all about security and integrity. Mutuum Finance platform is also already verifiably audited by the CertiK, which once again proves the team focus on transparency, reliability, and sustainability. Mutuum Finance has also introduced Bug Bounty Program with CertiK, where it is ready to give out the rewards of 50,000 USDT to bring convenience to the intended audience. The bounty is split into four categories, such as the critical, major, minor, and low. This will equate all the tiers of vulnerability and reward it. Investor rewards To celebrate the presale action and express gratitude to early adopters, Mutuum Finance (MUTM) is offering a $100,000 giveaway . Ten of these winners will receive $10,000 in MUTM tokens for being one of the early backers of the project. While the community expands rapidly, the early supporters are being rewarded, not only with the possibility of future upside, but with concrete, real-time rewards. While Cardano continues to build out its long-term scaling roadmap with promising Layer-2 solutions, Mutuum Finance (MUTM) is commanding immediate attention in the DeFi arena. Now in Phase 5 of its presale, priced at just $0.03, the project has already raised over $11.3 million and attracted 12,600+ investors. Armed with a fully audited platform by CertiK, a USD-pegged stablecoin, and a $50K bug bounty, Mutuum is rapidly gaining recognition as a potential frontrunner in the next bull run. Secure your position before the next phase begins. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post ADA advances with layer-2 scaling, but is MUTM set to lead the bull run? appeared first on Invezz
