Huma Finance announces the launch of community governance voting, with a total value of 100 million USD in an ecological fund to be decided by HUMA holders. Even more exciting, all users participating in the voting will receive additional airdrop rewards, with a maximum of 500 HUMA.
This governance vote focuses on three main directions:
1. Technology Development: 50 million USD for developing a cross-chain payment gateway that supports instant conversion between USDC and fiat currency.
2. Market Expansion: 30 million USD to subsidize payment institutions in Southeast Asia and Latin America to access the Huma network.
3. User Incentives: 20 million USD for the third round of airdrops, covering on-chain interactions, social media dissemination, and other activities.
The voting mechanism is designed to be fair and transparent:
• Weight Distribution: Each 10,000 HUMA staked earns 1 vote; the longer the staking period (3-6 months), the higher the vote multiplier (up to 1.5 times).
• Proposal Threshold: Users holding 100,000 HUMA can submit proposals, which must receive support from 1% of the total votes to enter the voting phase.
Huma's governance system integrates on-chain and off-chain mechanisms:
• On-chain Execution: Voting results are automatically executed through smart contracts to avoid human intervention.
• Off-chain Supervision: A governance committee consisting of lawyers and auditors is established to ensure compliance.
Participation Value:
• Economic Benefits: Staking HUMA during the voting period can enjoy an annualized additional reward of 18%, resulting in a total return rate exceeding 30% when combined with basic returns.
• Strategic Impact: By voting on the use of the ecological fund, users can directly influence the development direction of Huma, such as promoting market expansion in specific regions.
