#HumaFinance ๐ง Huma Finance is a decentralized protocol thatโs reshaping how people access credit by using income and receivables as collateralโnot just crypto assets. Itโs part of a growing movement called PayFi, which blends real-world payment flows with DeFi infrastructure.
Hereโs a breakdown of what makes Huma Finance stand out:
๐ Core Concepts
- Income-Based Collateral: Borrowers can use future wages, invoices, or remittances to secure loans.
- On-Chain Underwriting: Credit risk is assessed using both blockchain and real-world data, improving transparency.
- Programmable Payments: Smart contracts automate lending agreements and repayments.
๐ Real-World Impact
- Cross-Border Lending: Especially useful in emerging markets where traditional banking is limited.
- Invoice Financing: Small businesses can unlock liquidity from unpaid invoices.
- Early Wage Access: Employees can receive advances based on tokenized payrolls.
๐ฐ Token Utility
- The HUMA token powers governance, staking rewards, and fee discounts.
- It launched on Binance Launchpool in May 2025, with support on both Solana and BNB Smart Chain.
๐ Latest Developments
- Huma 2.0 on Solana offers real yield and faster settlement for global payments.
- Institutional-grade services are available through Huma Institutional, tailored for regulated credit opportunities.