$HUMA
a Finance is a decentralized protocol building the first "PayFi" network, which merges payment infrastructure with decentralized finance (DeFi). Its core mission is to enable instant, 24/7 payment settlements globally using stablecoins and on-chain liquidity, by allowing real-world income and receivables to be used as collateral for credit.
$HUMA is the native utility and governance token of the Huma ecosystem. It is designed to align long-term incentives across all users, liquidity providers, partners, builders, and stakeholders.
2. Use Cases of $HUMA:
* Governance:Huma token holders can stake their tokens to participate in protocol governance. The duration of the stake determines voting power, allowing users to vote on key decisions such as the allocation of liquidity, ecosystem incentives, and adjustments to protocol parameters.
* LP & Ecosystem Rewards: The token plays a crucial role in incentive programs to drive adoption and growth within the Huma protocol ecosystem, rewarding liquidity providers and other ecosystem contributors.
* Value Accrual Mechanisms: The Huma Foundation is exploring mechanisms to utilize protocol revenue to strengthen the PayFi movement, aiming to align incentives and enhance long-term protocol value.
* Ecosystem Currency: While Huma Protocol primarily uses stablecoins for real-world transactions, Huma will serve as a utility token to enable advanced protocol features in the future, such as real-time redemption.
3. Tokenomics:
* Total Supply: The total supply of $HUMA is capped at 10 billion tokens.
* Initial Circulating Supply: Approximately 1.73 billion HUMA (17.33% of total supply) was in initial circulation.
* Distribution Breakdown:
* Liquidity Providers & Ecosystem Incentives: 31% (3.1 billion tokens)
* Investors: 20.6% (2.06 billion tokens) - subject to 12-month lock-up followed by a three-year vesting period.