What is #humafinace ?
Huma Finance is a decentralized finance (DeFi) platform that specializes in providing financial solutions based on income-based financing. Unlike traditional lending protocols that rely on collateral, Huma allows users to borrow based on future income or cash flow from work, contracts, or business activities.
Key features:
• No collateral loans: Huma helps borrowers access capital without needing collateral such as crypto or real estate.
• Flexible smart contracts: Loans are secured by smart contracts, ensuring transparency and automation.
• Practical applications: Has been implemented in models such as funding for freelancers, gig drivers, or online sellers.
Team and investors:
Huma Finance is backed by major funds such as a16z crypto (Andreessen Horowitz), and experienced experts in the fields of blockchain, finance, and AI.
