As the first protocol to deeply bind payment network revenues with token holders, Huma is building a community-driven new financial ecosystem.
In-depth Analysis:
The innovation of Huma's token economic model is reflected in three aspects:
1. Decentralization of Governance: HUMA holders can determine core parameters such as collateral rate adjustments and fee distribution ratios through on-chain voting. For example, in a proposal in June 2025, the community passed a reduction of the merchant loan interest rate from 0.1% to 0.06% with a voting rate of 72%, directly driving a 120% month-on-month increase in transaction volume.
2. Revenue Sharing Mechanism: 30% of the protocol's fee income will be used to buy back and burn HUMA in USDC form, while the remaining 70% will be distributed to token holders based on their holdings. This design strongly correlates the price of HUMA with ecological growth; the 25.3% daily increase in HUMA tokens in August 2025 was a positive market feedback to this mechanism.
3. Ecological Synergy: HUMA holders participating in the Jupiter LFG 2.0 presale can not only acquire tokens at a discounted price with a $75 million FDV but also unlock higher subscription rights by staking JUP tokens. This DAO-to-DAO cooperation model is forming a closed loop of 'liquidity-governance-revenue' within the Solana ecosystem.
