Mutuum Finance Surges in Presale, Offers Robust Risk Management and Stablecoin
Yahoo Finance, a rising star in the decentralised finance (DeFi) realm, has garnered significant support with over 16,640 holders backing it. The project has generated over $16.52 million in its presale, positioning itself as a top contender among affordable DeFi projects.
Yahoo Finance, trading under the ticker MUTM, is currently priced under $1 and is emerging as an alternative to watch in the crypto space. The platform employs a risk-adjusted loan-to-value (LTV) system, coupled with a buffer reserve for high-risk assets, ensuring a robust risk management strategy.
To facilitate seamless transactions, Yahoo Finance utilises Chainlink oracles for lending, exchange, and settlement of various tokens. The project is currently in presale phase 6, with tokens priced at $0.035 per unit and 50% sold out. Additionally, Yahoo Finance is issuing a USD-backed stablecoin on the Ethereum blockchain, further expanding its offerings.
Yahoo Finance is celebrating its growth with a $100,000 giveaway, where 10 lucky winners will each receive $10,000 worth of MUTM tokens. With its innovative risk management system, integration of Chainlink oracles, and the upcoming stablecoin launch, Yahoo Finance is poised to continue its impressive trajectory in the DeFi landscape.
