Many people in the cryptocurrency space have tried borrowing money to buy coins, but have you heard of directly borrowing money based on on-chain salary?
Huma Finance has done just that: it doesn't look at how much ETH or USDT you have staked, but rather your on-chain income and credit. Simply put, here, 'borrowing money based on salary' and 'financing based on reputation' can really be achieved. You may have tried collateralizing coins for loans, but borrowing money directly based on on-chain salary — Huma Finance has truly accomplished this.
$HUMA as the core token, its utility goes beyond just speculation.
- Can be used as collateral.
- Can participate in protocol governance voting.
- Staking brings rewards.
- It can also share the protocol-generated fee dividends.
A total of 10 billion tokens, it now looks more like an opportunity not yet mined in DeFi, focusing on implementation during the bear market, and its ability to withstand cycles is worth noting.
It can benefit these people:
- Developers who write code in DAOs and receive salaries.
- Creators earning on-chain income through content creation.
- Players in GameFi with stable income from gold mining.
- Gold miners continuously generating cash flow on-chain.
As long as you have legitimate income on-chain, you don't need to sell coins, pledge a bunch of assets, or pay high interest, you can obtain funds from Huma. Behind this are two quite practical innovations:
- The income data sources are reliable: it has integrated on-chain salary protocols like Superfluid and DAO salary contracts, capturing real cash flow, making credit assessments well-founded.
- The credit model is not singular: it not only considers salary amount, but also on-chain reputation, activity level, and income stability, all of which contribute to the credit score, giving 'on-chain identity' real financial value.
Don't think of Huma as just a loan tool; it is actually rebuilding the credit system on-chain; $HUMA is not just a token, but more like a 'data passport' for future personal on-chain financing. Projects that can pave the way for ordinary people's credit might just hide the next potential opportunity.$HUMA