PayFi: The Bridge to Monetize Future Income Streams

Many people have stable incomes but cannot obtain loans due to a lack of assets. Small and micro enterprises have a continuous flow of orders but face tight cash flow. Traditional finance and crypto finance each have their shortcomings: the former is inefficient and has high barriers, while the latter is detached from the real economy. Huma Finance's PayFi network perfectly addresses this contradiction.

The core of PayFi consists of three mechanisms:

Credit Quantification: Building a dynamic credit score through salary records, invoices, cross-border remittances, and on-chain behavioral data, allowing for precise assessment of future income.

Risk Control: Binding borrowing to income streams, with smart contracts automatically deducting payments, and triggering alerts and liquidity guarantees in case of anomalies.

Value Circulation: Income receipt directly accumulates credit, borrowed funds can be paid directly, and credit can be reused across scenarios, achieving internal circulation within the ecosystem.

Practical scenarios include: low-cost instant remittances for cross-border workers, project financing for freelancers, loans for small and micro enterprises based on cash flow, and instant invoice financing for exporters. PayFi makes financial resources more inclusive and accessible, allowing those with income but no assets, as well as enterprises, to obtain financial support based on future income.

With the launch of Huma 2.0 and the integration of PST tokens for combining credit assets and ecosystem protocols, PayFi's influence will cover more scenarios. Finance is no longer an asset game but a tool for everyone and every enterprise to achieve their goals. @Huma Finance 🟣 #HumaFinance $HUMA