Based on information from reliable sources, the Huma Finance airdrop has significantly impacted the project's market value through the following mechanisms:
✨Market expectations and FDV valuation
According to a tweet from @jussy_world, $HUMA is trading at an FDV of 800 million USD, far exceeding the initial expectation of 300 million USD. This reflects the community's optimism after the airdrop, especially as users received 30-40% of the tokens corresponding to the amount of USDC staked and an APY of 10.5%.
✨Listing on major exchanges and liquidity
HUMA was listed on Binance Alpha, OKX, KuCoin, and LBank on May 26. This increases accessibility and liquidity, supporting the token price. Pre-market on LBank reached 0.3377 USDT with a market cap of ~33.77 million USD, indicating high demand from the early phase.
✨Staking mechanism and long-term token holding
According to BlockBeats, staking HUMA provides direct rewards, 'Vanguard' benefits if staked continuously for 6 months, and no withdrawal penalties. This encourages token holding, reducing selling pressure after the airdrop.
✨Community interaction and PayFi strategy
The project is positioned as the first PayFi network, integrating cross-border payments and cards, attracting attention from whales (like James Wynn with a profit of 25 million USD from contract trading). This reinforces confidence in its potential real-world applications.
👍Conclusion: The Huma Finance airdrop has stimulated market value growth through (1) encouraging holding demand, (2) expanding access through exchange listings, and (3) clear positioning in the PayFi segment. However, it is important to monitor selling pressure from token unlocks and competition in the DeFi space.