"HUMA" is a digital currency (token) for a project called Huma Finance. Here’s a brief report on it based on the latest available information:
What is Huma Finance?
Huma Finance is a "PayFi" (Payment Finance) project aimed at connecting traditional finance (TradFi) with web 3 technologies to accelerate global payments. It aims to provide instant liquidity using stablecoins and on-chain liquidity for financial institutions, whether for credit card payments or cross-border payments. The project relies on Real-World Assets (RWAs) to provide services such as income-based lending and subscription financing.
Currency (HUMA Token):
* Name: Huma Finance (HUMA)
* Type: Token
* Functions:
* Governance: Allows token holders to participate in the governance of the protocol.
* Rewards: Used for distributing rewards within the ecosystem.
* Transaction processing: A core part of the protocol's operations.
* Incentives: Used in incentive mechanisms such as staking and airdrops.
* Total Supply: 10 billion HUMA tokens.
* Initial circulating supply at launch: 17.33% of total supply.
* Distribution:
* Initial Airdrop: 5% (500 million tokens).
* Liquidity Providers and Ecosystem Incentives: 31%.
* Early Investors (VC): 20.6%.
* Team & Advisors: 19.3% (with asset lock for 12 months and then gradually distributed over three years).
* Protocol Treasury: 11.1%.
* CEX & Marketing: 7%.
* Market Making & On-chain Liquidity: 4%.
* Pre-sale: 2%.
Latest developments and reports:
* Binance Alpha and Launchpool Launch: The launch of the HUMA token was announced on the Binance Alpha platform, which is the early access section for promising projects on Binance. It was also launched in Binance Launchpool, where users can stake BNB, FDUSD, and USDC to receive HUMA tokens for free.
* Official Listing Date: HUMA is expected to be officially listed for trading on Binance on May 26, 2025.
* Building Location: Huma Finance is based on the Solana blockchain due to its high processing capability and low transaction costs, making it ideal for decentralized finance (DeFi) applications.
* Airdrop: There was a multi-season Airdrop campaign, where 0.5% of HUMA tokens were allocated to reward community participation.
Future prospects and risks:
* Potential: The project is considered practical with real-world applications in the finance world, aiming to bridge the gap between traditional finance and decentralized finance.
* Risks: Like any investment in cryptocurrencies, investing in HUMA carries significant market risks. Investors should conduct their own thorough research and assess their risk tolerance and long-term financial goals.
Important Note: Cryptocurrency prices and details change rapidly. This information is based on reports available at the time of writing this report (May 23, 2025).