This is the first DeFi protocol combining P2C and P2P models that allows holders of volatile meme coins (SHIB, PEPE, DOGE) to maintain ownership while borrowing against them. This unprecedented control mechanism enables central authorities to potentially influence both mainstream and fringe digital assets simultaneously through a single platform.
DeFi Protocol Mutuum's P2P Model: Digital Asset Control Rising
📰 What Happened
Mutuum Finance (MUTM) has attracted $12.15 million and 13,000 holders during its Phase 5 presale at $0.03 per token. The platform combines Peer-to-Contract lending for major cryptocurrencies with a novel Peer-to-Peer model for volatile assets. Investors are moving funds from established coins like Solana and Cardano into MUTM, with price expected to reach $0.06 at listing. The protocol enables users to maintain exposure to volatile assets while borrowing stablecoins against them through overcollateralization.
📖 Prophetic Significance
The emergence of Mutuum's hybrid lending model represents a significant step toward centralized economic control. The platform's ability to capture $12.15M from 13,000 holders while still in presale demonstrates rapid consolidation of digital wealth. By enabling borrowing against volatile assets like PEPE and SHIB, it creates a web of financial dependencies that could be manipulated. This aligns with Daniel 7:23's description of a kingdom that 'devours the whole earth' through economic means. The P2C/P2P hybrid model provides infrastructure for the type of granular financial control described in Revelation 13.