What is Huma Finance? @Huma Finance 🟣 $HUMA #HUMA
#HumaFinance is the world's first decentralized PayFi network centered around payment finance (PayFi). Huma enables payment institutions to make payments quickly and efficiently 24/7 using stablecoins and on-chain liquidity.
The platform provides businesses with instant on-chain liquidity by tokenizing real assets backed by invoices or receivables as collateral.
The business model offers two tiers of services: Huma Institutional (permissioned) and Huma 2.0 (permissionless).
Primary use cases include cross-border payments, trade finance, and DePIN (decentralized physical infrastructure network) financing.
HUMA Token and Tokenomics
HUMA is the utility and governance token that supports the operation of the ecosystem.
The total supply is 10 billion tokens, with an initial circulating supply of approximately 17.3% (~1.73 billion tokens).
LP & Ecosystem: 31%
Investors: 20.6%
Team & Advisors: 19.3%
Treasury: 11.1%
CEX & Marketing: 7%
First Airdrop: 5%
Market Making & On-chain Liquidity: 4%
Pre-Sale: 2%
Tokenomics also incorporates deflationary mechanisms: 50% of borrower fees are spent on HUMA repurchases and burns, which could create long-term supply shortages.
A second airdrop of approximately 2.1% is also planned after the TGE (Token Generation Event); token lock-release (vesting) rates will decrease by 7% quarterly.
Current Price, Volume, and Market Situation
Price: The current HUMA price is trading between $0.033–$0.0335; it has lost approximately -8% of its value in the last 24 hours.
Market Value: Market value based on circulating supply is approximately $57–$58 million.
24-Hour Trading Volume: Ranges from $19–$27 million.
Historical Values: The highest price (ATH) occurred between approximately $0.115–$0.118, still 70% below the ATH.