The past DeFi was more like an 'asset game', where users mortgaged high-volatility crypto assets in exchange for liquidity. However, this model relied too heavily on market conditions, making it difficult to build a stable ecosystem. The emergence of @Huma Finance 🟣 signifies that DeFi has officially entered the 'cash flow era'.
The so-called cash flow era focuses on stable income from wages, invoices, remittances, and turns future income into funds available for use today. This model greatly expands the applicability of on-chain finance, extending from crypto asset holders to a broad range of people in the real economy.
From an industry development perspective, this is a critical turning point. DeFi is no longer limited to 'circulation within the crypto community', but for the first time, it is combining on a large scale with the real economy. Huma is at the forefront of this trend.