币界网报道:Mutuum Finance has successfully raised $11.2 million in its presale phase 5, attracting over 12,500 token holders. The decentralized lending platform focuses on providing flexible loan solutions within the DeFi ecosystem, offering users collateralized borrowing options with competitive interest rates. The project's native token, MUT, serves as both a governance and utility asset within its protocol. According to Mutuum's development team, the funds will be allocated towards platform enhancements, security audits, and expanding lending services to additional blockchain networks. The platform currently operates on Ethereum and Binance Smart Chain, with plans to integrate Polygon and Solana support in Q4 2023. Mutuum Finance distinguishes itself through its dynamic interest rate model that adjusts based on market conditions and protocol utilization. The project has completed two independent smart contract audits ahead of its mainnet launch scheduled for early 2024.