Overview
- Phase 6 is about 99% sold at $0.035 with roughly $19.4 million raised and more than 18,600 holders reported.
- The team says the lending and borrowing codebase is complete, with a V1 rollout targeted on Ethereum’s Sepolia testnet in Q4 2025.
- Halborn is conducting an independent audit of the smart contracts, complemented by a $50,000 bug bounty and a reported 90/100 CertiK TokenScan score.
- Mutuum is building dual lending markets (pooled P2C and negotiated P2P) that issue mtTokens to represent deposits and yield with defined LTVs and liquidation mechanics.
- Plans include a buy-and-distribute model that uses platform revenue to purchase MUTM for mtToken stakers, plus presale incentives such as a daily $500 leaderboard and card payment support.