Overview

• Tokens are priced at $0.035 in Phase 6, with roughly 44% of the 170 million tokens in this tranche sold, more than 16,450 holders, and over $16 million reported raised.
• Phase 7 is set at $0.04, and coverage cites a planned listing target near $0.06, positioning current buyers ahead of a higher presale tier.
• The protocol centers on a $1‑pegged stablecoin minted against collateral and burned on repayment or liquidation, with governance adjusting borrowing rates to help maintain the peg and Chainlink price feeds providing oracle data with fallbacks.
• Lenders receive mtTokens representing deposits plus yield, mtTokens can be staked for MUTM rewards, and the project says platform revenues will buy MUTM on the open market for redistribution to stakers.
• Security steps include an ongoing CertiK review (Token Scan 90, Skynet 79), a $50,000 bug bounty, and a $100,000 giveaway, while reporting also describes a planned dual‑market lending model spanning pooled and peer‑to‑peer markets and a beta launch at listing.