At the early exploration stage of the Web3 credit field, Huma Finance chose a more pragmatic development path—building a credit model around 'real income'. This concept fundamentally differs from the current mainstream DeFi lending mechanisms. Users no longer need to over-collateralize but can obtain financing based on their personal income capacity, forming a credit relationship centered on 'trust + data'.

The platform's biggest highlight is its income verification mechanism. Huma connects to income data from platforms like PayPal, Upwork, and Stripe via APIs, combined with on-chain behavior and repayment history, to create independent user credit profiles. This mechanism provides an efficient financing channel for groups such as the creator economy and freelancers, which traditional finance has struggled to cover, and injects a 'cash flow' perspective into the entire on-chain economy.

At the community level, Huma has launched a contributor incentive program, opening data modeling tools to analysts, developers, and RWA operators. This makes the protocol not just a financial tool but gradually evolves into an 'on-chain credit operating system', supporting innovative applications in more vertical scenarios. For example, a recent third-party development team built a loan market specifically targeting college students' income expectations based on Huma, expanding its usage boundaries.

Huma's long-term goal is to realize a 'real asset-backed' credit economy on-chain. In the current context where on-chain transaction volumes tend to be competitive for existing stocks, and RWA has become the focus, this positioning is particularly important. Huma is neither a purely lending platform nor a traditional RWA protocol but rather a 'credit hub' that connects on-chain and off-chain income and trust. #HumaFinance @Huma Finance 🟣 $HUMA