Speaking of cross-border transfers, many people have probably experienced headaches: fees can add up to several charges, and the money takes days to arrive, sometimes requiring a deposit that is inaccessible. In fact, it's not just us who find it troublesome; the entire cross-border payment market is so large each year, and these high-cost, low-efficiency issues have not been thoroughly resolved. @humafinance is specifically here to solve these problems.
I. What is Huma Finance?
It is a decentralized platform focused on PayFi (payment finance), utilizing blockchain technology to connect traditional finance and DeFi.
The benefits are direct: transfers can be received immediately, and costs have been significantly reduced. All transactions are recorded on the chain, making it easy to check anytime.
It has a core product called PayFi Stack, which is quite practical; it can help payment companies cover part of the margin while allowing investors' funds to flow securely on the chain.
II. Why is it worth paying attention to?
1) The team and capital are reliable:
The founding team has an impressive background, having worked at big companies like Facebook and Lyft, understanding both the internet and finance. They have also raised over 40 million dollars, with investors being major institutions in the industry, showing that many are optimistic about it.
2) The business is solid:
The model is simple: investors deposit USDC and can earn a 10.5% return annually. This money is lent to licensed payment companies as working capital, which will pay it back once they earn money.
3) Market potential is significant:
The cross-border payment market is enormous, expected to exceed 250 trillion dollars by 2030.
Huma solves the problem of frozen funds, with global payment companies having trillions of dollars in frozen funds, indicating a huge demand. Its PayFi track combines the transparency of DeFi with the compliance of traditional finance.
III. How to play Huma 2.0?
1) Classic model: deposit USDC to earn 10.5% annualized interest, updated monthly, and also earn Huma Feathers, suitable for those seeking stability.
2) Maximum model: zero interest, specifically earning Feathers, during events can yield up to 25 times the usual amount, suitable for those looking to earn more feathers.
Additionally, the two models can be switched freely, costing only a small network fee. Deposits can be selected for 3 or 6 months, the longer the deposit, the more Feather rewards, but be aware: early withdrawals will incur penalties.
Overall, the @humafinance project feels quite solid; it addresses many hassles of cross-border transfers. Whether you want to earn some stable returns or try to earn more Feathers, there are suitable ways to play. For those frequently dealing with cross-border payments or looking for a reliable investment, it’s worth paying attention to.
