The current DeFi world is facing the dual challenges of 'high barriers and low trust', and Huma Finance chooses to address this by starting from an on-chain credit mechanism, attempting to solve the fundamental problem through a model of 'income as credit'. This design concept is being applied on a large scale for the first time in traditional lending protocols. Huma is not simply building a lending pool, but rather creating a complete system of credit scoring, identity binding, income tracking, and contract execution to promote the more efficient and secure operation of RWA on-chain.

In terms of application implementation, Huma has supported multiple scenarios: such as mapping the off-chain income of freelancers to on-chain contracts to obtain credit limits; or creating continuous cash flow profiles for small and medium-sized business owners to support their small liquidity applications on-chain. This 'data-driven financing' model not only simplifies user processes but also significantly lowers the threshold for using funds on-chain, truly achieving a new path of 'on-demand lending, income support'.

At the same time, Huma's protocol design is highly modular, supporting the integration of multiple chains and multiple identity systems. Recently, its interactions with the Worldcoin and zk-pass projects have also shown that Huma is actively exploring on-chain identity authentication standards, attempting to break down the last firewall between DeFi and DID (Decentralized Identity). This is of great strategic significance for the future construction of a 'trustworthy and borrowable' financial network.

In the long run, Huma Finance's credit-driven logic is changing the underlying operational logic of DeFi and providing a fair participation channel for more marginalized users. Against the backdrop of macro liquidity tightening and the maturation of the crypto market, the potential and value of such new infrastructure-like protocols may just be beginning to be unleashed. #HumaFinance @Huma Finance 🟣 $HUMA