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Mutuum Finance DeFi lending protocol passes security audit, V1 version coming soon to the testnet
【Crypto World】Mutuum Finance (MUTM)'s DeFi lending protocol has made new progress. The project has completed a security audit by Halborn and received a high score of 90/100 from CertiK Token Scan, laying a solid foundation for the upcoming V1 protocol deployment.
Currently, the project's funding has reached $19.5 million, with tokens distributed to nearly 19,000 holders, indicating strong market participation. The next key step is to launch beta testing on the Sepolia testnet, rigorously verifying the protocol's performance in real-world scenarios.
What features will users experience then? First is the liquidity pool, supporting mainstream assets like ETH and USDT; second is the mtToken mechanism, representing the liquidity assets provided by users for easy tracking and management; plus an automatic liquidation mechanism to ensure risk control in the lending protocol. These components together form a relatively complete DeFi lending ecosystem. From passing audits to launching on the testnet, Mutuum Finance is gradually transforming from design to usability.