Mutuum Finance knows growth won’t happen through tech alone but rather through an active, engaged community. The platform has launched a $100,000 DISRUPT GIVEAWAY, with 10 winners getting $10,000 in MUTM tokens. There is also a referral program and a real-time leaderboard for the community’s top 50 token holders.
One of the most exciting things is that Mutuum will soon launch an overcollateralized USD-backed . This will not be an algorithmic stablecoin but minted using assets over its nominal value for predictable and stable operations for users of the Mutuum ecosystem. This will help support the core lending operations of the DeFi platform and how users experience it.
On the tokenomics side, the platform uses a Buy-and-Distribute mechanism. Using revenue produced by the platform, it will purchase MUTM tokens in the open market and redistribute these to stakers, promoting long-term platform participation and increasing the potential for the price to grow sustainably.
