Binance TR's 7th Launchpool project is HUMA, and farming has officially started, friends!
You can start farming free HUMA tokens just by staking your BNB.
Binance TR will list Huma Finance with a Turkish Lira trading pair on Monday, May 26th at 4:00 PM (Turkish time).
So how do we join Launchpool?
Binance TR, go to the Flexible or Locked Earn (Staking) section and stake your BNB.
If you choose Flexible, you can withdraw your BNB anytime.
If you choose Locked, your BNB will be held for a fixed period – but you’ll earn higher BNB rewards in return.
Once you're in, there's nothing else to do. Your free HUMA tokens will be automatically credited to your account during the farming period.
They launched with the slogan “The first PayFi Network.”
PayFi is a combo of Payment + Finance.
Huma is a DeFi protocol focused on income-based, payment-powered financial solutions.
It allows individuals and businesses to access credit based on real-world payment flows – or even tokenize those income streams as financial assets.
Some real-world use cases:
- Uber drivers can turn their recurring income into on-chain financial assets.
- Underbanked individuals can access funding via DeFi.
- Real World Assets (RWA) like salaries, rents, or payment receivables can be integrated into DeFi.
Example:
Let’s say an Uber driver in Australia earns ~$1000 USDC/month.
His car needs a repair worth $400 USDC, but the bank won’t issue a loan due to irregular income.
With Huma Finance – PayFi, the driver submits his last 6 months of Uber income reports to Huma.
That data is recorded on-chain.
The driver requests a $400 loan.
The system analyzes his income history and future payments.
As collateral, it locks his next 2 months of projected Uber income.
If everything checks out, DeFi lenders fund the loan, and the driver receives $400 USDC.
A smart contract sets up the repayment schedule, and monthly repayments are deducted automatically from his Uber income.
The loan is repaid on time – interest-free or with minimal interest.