The HUMA token is the native currency of the Huma Finance protocol, a decentralized finance (DeFi) project aimed at revolutionizing the way global payments are financed and settled.
What is the Huma Finance project?
Huma Finance describes itself as the first "PayFi" network, which combines payments and decentralized finance. The project aims to provide instant access to liquidity, enabling cross-border payment settlements and payment cards 24/7 using stablecoins and on-chain liquidity.
The main use cases of Huma Finance include:
* Cross-border payment financing: Immediate settlement of international payments without the need for pre-funding, reducing delays, capital freeze, and unnecessary costs.
* Stablecoin-backed payment cards: Converting card payments using stablecoins, with real-time settlement and on-chain control and lower fees.
* Settlement T+0: Immediate settlement ready for institutions eliminates capital shortfalls and accelerates cross-border financial operations.
* DePIN Financing (Decentralized Physical Infrastructure Networks): Providing innovative financing solutions for DePIN networks.
* Trade financing: Updating the payment method for suppliers to be faster and smoother.
Huma Finance relies on the "PayFi Stack", a standard framework consisting of six layers to accelerate payments, including high-speed chains, stablecoins, custody, compliance, financing, and applications. The project aims to provide "income-backed yield" in the DeFi space, making financial services more accessible to individuals and institutions.
The HUMA token on Binance Launchpool:
Binance announced Huma Finance (HUMA) as the seventieth project on the Launchpool platform. Launchpool allows users to farm HUMA tokens by locking their BNB, FDUSD, and USDC coins.
* Planting period: Planting began on May 23, 2025, at 00:00 Coordinated Universal Time (UTC) and continues until May 25, 2025, at 23:59 Coordinated Universal Time (UTC).
* Total Launchpool rewards: 250,000,000 HUMA (2.5% of the maximum supply).
* Supported pools:
* BNB Pool: 212.5 million HUMA (85% of the allocation).
* FDUSD Pool: 12.5 million HUMA (5% of the allocation).
* USDC Pool: 25 million HUMA (10% of the allocation).
* Listing on Binance: Binance will list HUMA for spot trading on May 26, 2025, at 13:00 Coordinated Universal Time (UTC) with trading pairs HUMA/USDT, HUMA/USDC, HUMA/BNB, HUMA/FDUSD, and HUMA/TRY.
Additional details about the HUMA token:
* Total supply and maximum supply: 10,000,000,000 HUMA.
* Initial circulating supply: Approximately 1,733,333,333 HUMA (17.33% of total supply).
* Supported networks: BNB Smart Chain and Solana.
* Use cases: HUMA tokens are used for governance (voting on decisions), liquidity incentives, and protocol income distribution.
The listing of HUMA on Binance Launchpool is an important step for the project, as it increases its visibility and accessibility in the cryptocurrency community.