Mutuum Finance (MUTM) has initiated a security audit with Halborn Security, a significant step forward in the protocol's launch. The audit focuses on the lending and borrowing contracts that form the core of the decentralized finance (DeFi) platform.

This announcement coincides with Phase 6 of the MUTM presale reaching 90% allocation, indicating strong investor interest in the project. The rapid allocation suggests a positive reception to Mutuum Finance's approach to decentralized lending and borrowing.

Halborn Security is a well-regarded firm specializing in blockchain security audits. Their involvement provides a layer of assurance to potential users and investors, validating the security of Mutuum Finance's smart contracts. The audit process will thoroughly examine the code for vulnerabilities and potential exploits, aiming to ensure the safety of user funds and the protocol's overall stability.

Mutuum Finance aims to provide a secure and efficient platform for decentralized lending and borrowing. The completion of the Halborn audit and the successful allocation of Phase 6 are crucial milestones in achieving this goal and preparing for the protocol's public launch. Details regarding the timeline for the completion of the audit have not been released.