Huma Finance announces a strategic partnership with global logistics giant XX Group to jointly build a decentralized supply chain finance platform. This cooperation will reshape the cross-border trade financing model, expected to inject over $5 billion in liquidity into the market every year. Even more surprisingly, Huma will airdrop 100,000 HUMA tokens to XX Group users, available for participation.
The core of the partnership is to put XX Group's supply chain data on the blockchain and achieve the following breakthroughs by combining Huma's PayFi technology:
1. Real-time financing: Suppliers can instantly pledge accounts receivable to obtain USDC liquidity, reducing the financing cycle from 45 days to 2 hours.
2. Dynamic risk control: By leveraging the immutable characteristics of blockchain, real-time monitoring of goods transportation status will allow for automatic adjustments to the pledge rate.
3. Cost reduction: Financing costs will decrease from an annualized 18% to 12%, while transaction fees will drop from 1% to 0.1%.
On the technical implementation side, Huma will customize exclusive smart contracts for XX Group, supporting the following functions:
• Phased payments: Automatically release funds based on the progress of goods delivery, reducing risks for both buyers and sellers.
• Cross-border settlement: Integrate Circle's USDC cross-chain channel to achieve real-time exchange among multiple currencies such as USD and EUR.
Economic model:
• Revenue sharing: Huma will charge a 0.5% fee on the financing amount, with 50% used for repurchasing and destroying HUMA, and 50% distributed to liquidity providers.
• Token incentives: XX Group users who complete their first transaction will receive 100 HUMA, and the top 100 users by transaction volume will receive an additional 1,000 tokens.
Market impact:
• The partnership is expected to increase Huma's annual transaction volume by 30%, with protocol revenue exceeding $20 million.
• Demand for HUMA tokens will significantly rise, as institutional investors have already positioned themselves, holding a quantity that accounts for the circulation of
