#HumaFinance Huma Finance is a decentralized finance (DeFi) protocol aimed at bringing real-world assets to the blockchain, utilizing the concept of Payment Finance (PayFi). It allows users to generate income and receive credit based on real-world receivables, such as salaries, invoices, and international remittances, instead of relying on traditional cryptocurrency collateral. The goal is to connect the real world with the blockchain, providing instant access to liquidity and facilitating global transactions.
-Summary:
PayFi:
Huma Finance is the first PayFi protocol, focused on payment-based finance.
Real-world assets:
Uses real-world assets as collateral for credit, such as salaries and receivables.
Decentralization:
Operating in a DeFi environment, it allows access to financial services in a decentralized manner.
HUMA Token:
The native token of the ecosystem, HUMA, is used for staking, governance, and rewards for liquidity providers.
Goals:
Aims to provide instant liquidity, more efficient international transactions, and unlock earnings for all.
Impact:
Aims to transform theoretical benefits of blockchain into practical solutions for real-world financial challenges.
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