Huma Finance (@Huma Finance đŖ ) is revolutionizing on-chain credit through PayFi. It is a decentralized finance (DeFi) protocol that provides loans based on future income. There is no need for additional collateralization like traditional crypto loans.
The PayFi network is composed of a combination of payments and finance, bringing salaries, invoices, and other income streams onto the blockchain. Through smart contracts, Huma Finance distributes loans quickly and securely. As a result, those who do not have large crypto assets but have a regular income can easily access credit. This is increasing financial inclusion and moving towards a new decentralized financial system.
