《Can You Borrow Money Without Collateral? How Attractive is Huma Finance's 'No-Collateral Lending'》

For those who don’t have much crypto assets, being in DeFi often feels like being an 'outsider' — borrowing requires collateral, mining needs capital, and accessing financial conveniences is difficult. But the PayFi network created by @Huma Finance 🟣 has opened a door for ordinary people: no need for collateral, no need for property, just borrowing against future wages, invoices, or even remittance records can get you loans, with a maximum of 90% of expected income. The appeal of this 'no-collateral lending' is understood by those who have tried it.

Its process is as simple as 'ordering takeout': upload proof of income on the platform, a decentralized signal processor automatically calculates credit scores, smart contracts instantly approve the limit, and the money goes directly to your wallet, all without dealing with anyone. The best part is that it doesn’t have a 'asset threshold' — part-time income from deliveries, payments from freelancers, or even accounts receivable from small businesses can all serve as proof as long as there’s a stable cash flow. #HumaFinance This move changes 'credit' from 'how much assets you have' to 'how stable your income is', making it more relevant to ordinary people.

$HUMA Tokens are not just 'tokens', but also 'passports': staking them can lower borrowing interest and increase credit limits; holding tokens allows users to suggest improvements to the ecosystem, such as adding a 'part-time income collateral' feature; placing them in the asset pool can also generate automatic returns, with annualized rates much better than ordinary wealth management products. Currently, the platform has over 20,000 active users, many of whom are experiencing DeFi for the first time — after all, who wouldn’t want to borrow money without collateral? @Huma Finance 🟣 With this 'low threshold', it truly transforms DeFi from a 'crypto game' into a 'practical tool'. #HumaFinance

Conclusion: Finance shouldn't just be for those with assets. Huma Finance allows ordinary people to borrow money based on their income. This kind of 'grounded' innovation is the warmth that Web3 should embody.