Let's discuss $HUMA Utility & What's cooking at @humafinance by @0xErbil & @DrPayFi changing web3 narrative
$HUMA is the native utility and governance token of the Huma ecosystem, Boosting Humaverse with its Payfi system as Bridge between TradFi and DeFi.
Governance : $HUMA token holders can stake their tokens to participate in protocol governance. The duration of the stake determines the voting power, encouraging long-term alignment with the protocol. Stakers are eligible to vote on key decisions, including the allocation of liquidity and ecosystem incentives, adjustments to protocol parameters, and the distribution of protocol incentives.
LP & Ecosystem Rewards : HUMA token plays a pivotal role in the incentive program to bootstrap adoption and drive growth across the Huma protocol ecosystem.
1️⃣Liquidity providers (LPs) are rewarded with for committing capital to the protocol, with higher rewards granted for greater and longer-term liquidity commitments.
2⃣ HUMA for committing capital to the protocol, with higher rewards granted for greater and longer-term liquidity commitments.
3⃣ Ecosystem partners earn relative to their contributions to critical KPIs such as transaction volume and protocol revenues.
4⃣ Community contributors are also eligible to receive HUMA ain recognition of efforts that support community engagement, development, and overall ecosystem health.