@Huma Finance 🟣
PayFi (Paid Finance) is a network that enables global payment institutions to settle their payments around the clock using stablecoins and on-chain liquidity. It aims to bring credit-backed financing to blockchain, allowing access to credit without traditional collateral.
*Features of Huma Finance:*
- *Real-time payments*: Huma Finance enables real-time payment settlement using stablecoins.
- *Access to liquidity*: Huma Finance provides access to liquidity for global payment institutions.
- *Risk control*: Huma Finance supports risk management through credit-backed financing.
- *Liquidity benefits*: Liquidity providers can earn returns by supplying liquidity to the protocol.
*HUMA Token:*
- *Usage*: The HUMA token is used for participating in protocol governance and earning rewards.
- *Distribution*: 10 billion HUMA tokens have been allocated, with 31% allocated to liquidity providers and ecosystem participants.
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*Important Events:*
- *Listing on Phemex Exchange*: The HUMA token has been listed on the Phemex exchange.
- *Protocol Update*: Huma 2.0 has been launched, providing real yield strategies that are composable on Solana.
