Mutuum Finance (MUTM) is shaping up to be the new coin to watch in the DeFi market, attracting investors’ interest while Cardano (ADA) lacks enough momentum for $1 rally. Riding on DeFi growth with its innovative decentralized lending and liquidity offering, Mutuum Finance is predicted to kick off a new era of lending and borrowing. In the meantime, ADA is still maintaining the resistance in accordance with overall market volatility, an indication of the dynamics shift of the cryptocurrency market. Cardano’s Current Momentum Cardano (ADA) is currently priced at $0.8858, and its price has been ranging from $0.8724 to $0.8934 today. Despite attempts to push through $1, ADA has faced resistance in the $0.90–$0.95 range, and volumes suggest that buyers are not yet aggressively enough to push past sellers there. Without some catalyst, i.e., major news, partnership, or institutional investment, ADA may simply drift sideways or pull back a bit before trying again. Meanwhile, newest DeFi projects such as Mutuum Finance are picking up steam on the fringes. Mutuum Finance (MUTM): Presale Phase 6 Mutuum Finance is currently in phase six of presale and in this phase, the tokens are priced at $0.035 with an increase of 16.17% from the last phase. There’s huge demand in the market as the project has already drawn more than 16,240 investors and topped $15.63 million. Apart from enhancing CertiK’s security capabilities, Mutuum Finance (MUTM) has also introduced a Bug Bounty Program with a total prize of 50,000 USDT for the security of the platform. The bugs are categorized into four levels on the basis of the name critical, major, minor, and low. Mutuum Finance collateralization has a limit by asset and differs based on the type of risk an asset would impose. It contains supply capping, borrowing and collateral capping. The protocol is hedging market risk through overcollateralizing positions. The protocol incentivizes the liquidators as well for closing the trades that are undercollateralized and thus risky positions are closed in real time. The collateral use is maintained low for riskier tokens here but the highly correlated tokens are used to their maximum so that they may be able to get the most out of their collateral. All these are used for insolvency risk avoidance in such a manner that no form of imbalance is generated in lending and borrowing within the protocol. User Community and Growth Development Mutuum Finance (MUTM) is looking to expand an active user base with an grassroots campaign of organizing a $100,000 giveaway . Ten users will receive $10,000 MUTM tokens each as part of the campaign for encouraging investments on the protocol. Security Framework and Back-up Plan Mutuum Finance (MUTM) is an LTV construct with risk-of-assets contingent one with subjective collateral, transfer and liquidation lending but risk-of-assets contingent. It also contains a reserve factor as back-up and very bad market condition buffer. Risk assets are reserved higher in an effort to provide higher security to the protocol and users. Mutuum Finance (MUTM) is gaining investor interest as Cardano (ADA) struggles to break $1. Stage 6 presale tokens are at $0.035, a 16.17% premium already from the last round, with more than 16,240 investors putting in $15.63M. Backed by a $50K CertiK bug bounty, $100K giveaway, and robust overcollateralization risk mitigants, MUTM earns respect while pushing lightning adoption. ADA continues to bounce at resistance levels of $0.90–$0.95, but Mutuum momentum increases mounting DeFi adoption. Lock in your Stage 6 tokens before they move up to $0.04 on the next stage. For more information regarding Mutuum Finance (MUTM) please use the following links: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
JPMorgan Chase CEO warns of AI job losses
