For many workers, one of the biggest pain points is 'waiting for payday at the end of the month.' When living expenses or unexpected situations arise, this waiting often leaves people in a tight spot.
The PayFi model of @Huma Finance 🟣 is providing a solution to this pain point.
Through Huma's smart contracts, users' future wages can be assessed and converted into current liquidity, usually at a rate of 70–90%. This means employees don't have to wait until payday to access part of their wages in advance.
The entire process is automated, transparent, and unsecured, avoiding the cumbersome and high-interest nature of traditional lending.
For many, this experience is not just about 'borrowing money,' but it's the first time they truly feel how on-chain finance can change daily life.
Huma is bringing blockchain out of the 'investment circle' and into the daily scenarios of ordinary people.
