Binance has launched Huma Finance (HUMA) as its 70th project on Binance Launchpool with a significant 250 million HUMA token farming rewards starting May 23, 2025. Users can farm HUMA tokens by staking BNB, FDUSD, or USDC over a 3-day farming period.
Huma Finance is a decentralized protocol focused on on-chain credit and income-backed lending, enabling under-collateralized or income-based borrowing by leveraging verified income streams and employment data for credit scoring. This aims to improve financial inclusion, especially in developing markets.
HUMA token trading will begin on May 26, 2025, at 13:00 UTC (6:30 PM IST) on Binance, with trading pairs including HUMA/USDT, HUMA/BNB, and HUMA/TRY37. The launch coincides with an exclusive airdrop event on Binance Alpha, Binance's new platform that rewards community participation through "Alpha Points." Users must use Alpha Points to claim their HUMA tokens starting May 26, with eligibility to be checked on May 24.
The airdrop will distribute 5% of the total token supply to early adopters, who can then stake their tokens to unlock benefits such as liquidity provider rewards and governance rights.
This launch highlights Binance's strategic move to engage users through innovative token distribution models and support projects focused on real-world asset-backed DeFi lending.
In summary:
HUMA farming started May 23 via Binance Launchpool (stake BNB, FDUSD, USDC)
Trading and airdrop launch on May 26 at 13:00 UTC on Binance and Binance Alpha
Airdrop requires Alpha Points for claiming
Huma Finance offers income-backed lending solutions for DeFi.
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