#Binance TR 7th Launchpool Project Huma Finance | Crypto Encyclopedia Chapter 15 💎
You can earn free #HUMA tokens by staking your #BNB tokens through Launchpool 🌟
But first, let's take a look at what the Huma Finance project is 👇
Huma is a Solana-based DeFi project that tokenizes real-world incomes (salaries, bill payments, debts, etc.) and creates financial products from them
In other words: It enables individuals or companies to borrow, earn returns, or provide collateral using their regular incomes
Its main feature is focusing on income flow as a new type of collateral in the #DeFi world. Thanks to this model, even individuals without a bank account or access to traditional credit can use their on-chain income as proof to benefit from financial services
For example, Ahmet is a freelancer without a bank account. He earns $500 every month from Upwork but cannot get credit. With Huma, he can prove this income on-chain. He can then use it as collateral to borrow money. In other words, he accesses financial services by proving his income without needing a bank
So, what sets this project apart from the others?
✅ Not just "lending," but introducing a new collateral model focused on incomes
✅ First-time integration of off-chain data with on-chain DeFi tools in such a “seamless” way
✅ The first major project in the RWA (Real World Assets) space on the Solana network (most are on Ethereum)
✅ Modular, meaning it can easily integrate with other projects
As a result, Huma is not only transforming lending processes; it is also opening a new door for millions of people outside the financial system with its income-based collateral model. By leading the RWA space on the Solana network, it is building a more inclusive, flexible, and accessible financial ecosystem by bringing both individual and institutional off-chain incomes to the DeFi world
For Launchpool, you need to have BNB tokens on Binance TR. If you're holding BNB, the rest is very simple :) We go to Launchpool on Binance TR, stake our tokens, and earn HUMA tokens on an hourly basis