Still troubled by the cumbersome loan processes and stringent credit assessments of traditional banks? 😩 In urgent need of cash flow but turned away due to 'insufficient credit history'? DeFi brings a brand new solution—on-chain credit!
Today I want to talk to you about **@humafinance**—a protocol that is genuinely building the future of Web3 credit. 🚀
The core appeal of Huma Finance lies in its **unlocking the value of your future cash flow**. Imagine this:
1. **Income-based lending:** Connect your on-chain payslips (such as Superfluid) or stable and reliable on-chain income streams (like government bond yields, rent). Huma focuses on your **ability to earn continuously in the future**, rather than relying solely on collateral or past credit history.
2. **No need for over-collateralization:** Say goodbye to lending models that require locking up more than 150% of your assets. Huma's credit model allows for more efficient capital utilization, enabling you to borrow what you need with less 'frozen' funds.
3. **On-chain credit scoring:** Evaluate your on-chain financial behavior (such as income stability, repayment history) in a secure and privacy-protecting manner, gradually building your **exclusive on-chain credit identity**. Good credit, high limits, favorable rates! 📈