HUMA Series (13): The PayFi Ecosystem Empowered by Solana
In this article, we discuss how Solana empowers Huma's PayFi ecosystem. These two combined are truly a match made in heaven. Solana is known for its high speed and low cost, processing thousands of transactions per second, which perfectly aligns with Huma's real-time payment needs.
Huma is built on Solana and has handled massive transactions since its launch in 2024, bringing double-digit returns to LPs. Why is Solana so crucial? Because traditional blockchains like Ethereum can sometimes become congested with high fees, whereas Solana operates like a high-speed train, running 24/7 uninterrupted. Huma uses it to support unsecured lending, allowing users to collateralize their future income, such as salaries or invoices, with smart contracts instantly providing 70-90% liquidity.
In terms of ecosystem, Huma 2.0 integrates DeFi protocols like Jupiter and Meteora, allowing LP's PST tokens to generate further yield. Huma Institutional provides screening opportunities for institutions, while the permissionless version allows retail users to easily join. The feather reward system shines here, with multiplier modes and lock-up multipliers making your participation more valuable.
Imagine a world where global merchants settle stablecoins using Huma, avoiding the delays of SWIFT; small and medium-sized enterprises accelerate cash flow through on-chain credit. The synergy of Solana not only enhances efficiency but also lowers costs, pushing PayFi to expand into emerging markets. I have tried operating Huma in the Solana wallet, and the speed is incredible, with almost no latency.
Of course, the ecosystem is still growing, and more partners will join in the future. But for now, Solana has made Huma a pioneer in PayFi. If you are interested in blockchain, it’s worth digging deeper into the combination of Solana and Huma. It is not just technology; it is an engine for reshaping global finance. Looking forward to your share!
