与Dogecoin（Doge）不同

如今，投资者一直在寻找不仅提供潜在价格上涨而且可持续回报的代币。

Investors today are seeking tokens that provide not only the potential for price gains but also real, sustainable returns. While Dogecoin (DOGE) has been surfing the wave of social media hype and celebrity endorsements, it lacks the fundamental financial model that generates ongoing income for its holders. This is where Mutuum Finance (MUTM) comes in, offering a decentralized finance (DeFi) platform with real yield—actual revenue shared with token holders—making it the most promising crypto to watch in the coming months.

当今的投资者正在寻求代币，不仅提供了价格上涨的潜力，而且还提供真实的可持续回报。尽管Dogecoin（Doge）一直在浏览社交媒体炒作和名人代表的浪潮，但它缺乏为其持有人带来持续收入的基本财务模式。这是Mutuum Finance（MUTM）进来的地方，提供了一个分散的金融（DEFI）平台，具有真正的收益（与代币持有人共享的实际收入），将其成为接下来几个月中最有前途的加密货币。

What does “real yield” mean in crypto?

“真正的产量”在加密货币中意味着什么？

Real yield refers to income generated by a protocol that is then distributed to its token holders. Unlike purely speculative tokens, which rely on hype and price pumps, a real yield token produces ongoing returns, often derived from fees or revenue streams within its ecosystem. For investors, this means that holding the token can create passive income, not just potential capital gains.

实际收益率是指协议产生的收入，然后将其分配给其令牌持有人。与纯粹依赖炒作和价格泵的纯投机令牌不同，真正的产量令牌会产生持续的回报，这通常来自其生态系统中的费用或收入流。对于投资者而言，这意味着拥有令牌可以创造被动收入，而不仅仅是潜在的资本收益。

Dogecoin (DOGE), for example, depends heavily on community buzz and social media hype to sustain its price. It does not offer any built-in mechanism to reward holders with real, steady returns. This is a key reason why investors seeking more than short-term gains should be turning their attention to Mutuum Finance (MUTM).

例如，Dogecoin（Doge）在很大程度上取决于社区的嗡嗡声和社交媒体炒作来维持其价格。它不提供任何内置机制来奖励以真实，稳定的回报的持有人的奖励。这是寻求短期收益的投资者应该将注意力转移到Mutuum Finance（MUTM）的关键原因。

How Mutuum Finance (MUTM) delivers real APY

Mutuum Finance（MUTM）如何提供真正的APY

Mutuum Finance (MUTM) is a decentralized, non-custodial liquidity protocol where users can lend, borrow, or liquidate assets within pooled contracts. The platform’s core strength lies in its ability to generate real revenue through lending fees, especially by including Real-World Asset (RWA)-backed tokens. These assets are typically less volatile and more reliable in generating fees compared to typical crypto tokens.

Mutuum Finance（MUTM）是一种分散的，非监测的流动性协议，用户可以在合并合同中借入，借用或清算资产。该平台的核心优势在于它通过贷款费用产生实际收入的能力，尤其是包括现实世界中的资产（RWA）返回的代币。与典型的加密代币相比，这些资产通常挥发性较小，在产生费用方面更可靠。

If you deposit $10,000 worth of ETH or DAI into Mutuum’s liquidity pools, you can earn passive income with an annual percentage yield (APY) of 11%-13% that dynamically adjusts based on pool utilization. For example, if a pool’s assets are highly utilized (meaning many borrowers are using the funds), the interest rates become higher, boosting the earnings for lenders. This real APY contrasts sharply with Dogecoin (DOGE), which does not offer any yield and relies purely on speculative price movements.

如果您将价值10,000美元的ETH或DAI存入Mutuum的流动性池中，则可以以每年的百分比收益率（APY）为11％-13％的被动收入，并根据池利用率动态调整。例如，如果高度利用了池的资产（这意味着许多借款人正在使用这些资金），则利率会更高，从而提高了贷方的收入。这种真正的APY与Dogecoin（Doge）形成鲜明对比，Dogecoin（Doge）不提供任何产量，并且纯粹依赖于投机性价格变动。

Mutuum’s native token, MUTM, is designed to capture the value created by the protocol. Token holders benefit directly from the protocol’s success. A portion of the platform’s revenue is used to buy back MUTM tokens from the open market, which are then distributed to users who stake their mtTokens—tokenized versions of deposits in the pools. This mechanism ensures that long-term participants enjoy passive dividends, making MUTM a true revenue-sharing token.

Mutuum的天然令牌MUTM旨在捕获协议创建的值。令牌持有者直接从协议的成功中受益。该平台收入的一部分用于从公开市场中回购MUTM令牌，然后将其分发给了将其mttokens储备的用户分发，即泳池中的存款版本。这种机制可确保长期参与者享受被动的股息，从而使MUTM成为真正的收入共享令牌。

Comparing this to Dogecoin (DOGE), which has no revenue-sharing mechanism or dividends, Mutuum’s tokenomics give it a clear edge as a sustainable investment option. Investors who hold MUTM not only participate in potential price appreciation but also earn rewards as the platform grows and generates fees.

将其与没有收入分享机制或股息的Dogecoin（Doge）进行比较，Mutuum的Tokenomics将其视为可持续投资选择。持有MUTM的投资者不仅参与潜在的价格赞赏，而且随着平台的增长并产生费用而获得奖励。

P2C vs. P2P lending: Flexible options for every investor

P2C与P2P贷款：每个投资者的灵活选择

Mutuum Finance (MUTM) offers two models for lending and borrowing: Pool-to-Contract (P2C) and Peer-to-Peer (P2P). In the P2C model, users deposit assets into a shared liquidity pool and earn interest based on market dynamics. This model offers a stable, real yield with less risk and is ideal for users who prefer a more predictable income source.

Mutuum Finance（MUTM）提供了两个用于贷款和借贷的模型：池 - 合同（P2C）和点对点（P2P）。在P2C模型中，用户将资产存入共享的流动性池并根据市场动态赚取利息。该模型提供了稳定的，实际产量的风险较小，非常适合更喜欢更可预测收入来源的用户。

P2P, on the other hand, allows users to negotiate loans and interest rates directly with each other. This model supports tokens not commonly available in P2C pools, including memecoins like PEPE, DOGE, and SHIB. This flexibility attracts a broader user base and adds another layer of utility to the MUTM ecosystem.

另一方面，P2P允许用户直接协商贷款和利率。该模型支持P2C池中常用的代币，包括Pepe，Doge和Shib等诸如Pepe，Doge和Shib之类的Memecoins。这种灵活性吸引了更广泛的用户群，并为MUTM生态系统添加了另一层实用程序。

Mutuum Finance (MUTM) is currently in Phase 5 of its presale, with the token price at $0.03 and over 11,000 holders. Early investors who bought in Phase 1 at $0.01 have already seen a 200% increase in token value. This early growth highlights the strong momentum behind MUTM, and with the platform preparing to launch its beta version, now is the perfect time to join before prices rise further in later phases.

Mutuum Finance（MUTM）目前处于其预售的第5阶段，代币价格为0.03美元，超过11,000个持有人。在第一阶段以0.01美元购买的早期投资者已经看到令牌价值增长了200％。这种早期的增长强调了MUTM背后的强劲动力，并且该平台准备启动其Beta版本，现在是在以后的阶段进一步上涨之前加入的绝佳时机。

By investing in MUTM today, you position yourself to benefit from the platform’s ongoing development and revenue generation, capturing both price appreciation and passive income potential.

通过今天投资MUTM，您可以将自己从平台的持续开发和收入产生中受益，从而捕捉价格升值和被动收入潜力。

One key advantage of Mutuum Finance (MUTM) is the ability to borrow against your existing assets without selling them. For example, if you own ETH and believe its price will rise, you can deposit it as collateral and borrow stablecoins to use elsewhere. This avoids triggering capital gains taxes and keeps your exposure to ETH’s price growth intact. It also opens opportunities to hedge, leverage, or invest in new projects while maintaining ownership of your assets.

Mutuum Finance（MUTM）的一个主要优点是能够在不出售现有资产的情况下借贷您的现有资产。例如，如果您拥有ETH并相信其价格会上涨，则可以将其存放为抵押品并借用稳定的稳定剂，以便在其他地方使用。这避免了触发资本利得税，并保持您对ETH价格增长的影响。它还为对冲，利用或投资新项目的机会开放，同时保持您的资产所有权。

This borrowing flexibility adds another layer of utility

这种借用的灵活性增加了另一层实用程序