Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Mutuum Finance raised over $19 million, and the Testnet will launch in Q4.

robot
Abstract generation in progress

[Coin World] The sixth round of token sales for Mutuum Finance (MUTM) has now sold 95%, raising over 19 million USD in total. This DeFi lending protocol has a unique gameplay - it uses a dual-track lending model, and the token earnings are mainly achieved through the mtToken mechanism.

The project has now accumulated over 18,200 coin holders' addresses. As for security, it's also not lacking; the audit from CertiK has already passed, and Halborn Security is still keeping a close watch.

The team revealed that the V1 version of the testnet will be deployed on Sepolia, scheduled for the fourth quarter of this year. Given the speed of this financing and the size of the community, this lending protocol has indeed attracted a lot of attention.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
GasFeeAssassinvip
· 21h ago
The financing speed of 19 million dollars is impressive, but I need to see whether this dual-track lending system is a true innovation or just another copy-paste gimmick. It's a good thing that the audit has been completed, but I'm afraid that once the Q4 Testnet goes live, there will be a bunch of rug risks to investigate.
View OriginalReply0
NullWhisperervip
· 23h ago
dual-track lending model sounds nice on paper, but let's dissect the mtToken mechanism actually—that's where things get interesting. audit findings suggest they're solid, but halborn's *still* watching? ngl, that's either reassuring or a red flag depending how you read it. q4 testnet on sepolia... alright, we'll see if the implementation holds up.
Reply0
CoffeeNFTsvip
· 23h ago
The speed of financing 19 million dollars is indeed impressive, but the dual-track model really needs to be operational to count. How does the mtToken mechanism ensure that it won't become the next uncontrolled token pool? CertiK has audited it, but in this day and age, audits are really unreliable; we need to see the results of the Q4 Testnet. The 18200 Address seems quite a lot, but we have to be wary of how many real players are in there. We still have to wait for Sepolia to go live in the fourth quarter; this pace seems a bit slow. Financing looks good, but in the end, the lending protocol still relies on whether the TVL can rise.
View OriginalReply0
NotAFinancialAdvicevip
· 23h ago
Ha, raising 19 million requires a Testnet? That's pretty fast!
View OriginalReply0
TokenSherpavip
· 23h ago
actually, let me break this down for you—95% sell-through on token allocation isn't inherently bullish if you examine the distribution mechanics. dual-track lending model sounds nice on paper, but where's the empirical evidence on capital efficiency ratios?
Reply0
LayerZeroHerovip
· 23h ago
The dual-track lending model is indeed worth deep research. How does the mtToken mechanism avoid Token inflation risk?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)