Launchpool
After the HODLer Airdrop, a new Launchpool has arrived. This time it's a decentralized PayFi (Payment Finance) protocol called Huma Finance, intended to serve as a bridge between traditional financial systems and decentralized finance. It is built on the Solana blockchain, emphasizing fast transactions and reasonable fees.
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The main features of Huma will encompass everything related to payments.
It will enable transactions through cards between traditional payment systems and DeFi payments as well as transactions via smart contracts.
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Additionally, there are business-oriented tools created for enterprises, similar to traditional lending operations, allowing cross-border borrowing, loans based on salaries, access to emerging markets, and small loan disbursements for businesses through Huma.
Funding
Huma's funding has received up to $46 million from investment groups such as Circle Ventures, HashKey, and ParaFi.
HUMA is the native token of the Huma Protocol with a supply of up to 10 billion. After listing on Binance, the circulating supply will exceed 1.7 billion.
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For Binance Launchpool, 2.5% of the total supply will be allocated, and Launchpools are primarily designed for BNB holders, so there will be up to 212,500,000 HUMA in the BNB pool and 12,500,000 HUMA in the FDUSD pool and 12,500,000 HUMA in the USDC pool.
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Therefore, by staking BNB and farming, you can earn up to 295,138 HUMA per hour, while farming with FDUSD can yield up to 17,361 HUMA, and farming with USDC can yield up to 34,722 HUMA. Farming will be available from 6:30 AM on May 23 until 6:30 AM on the 26th, and trading of HUMA will start in Binance Spot at 7:30 PM on the 26th.
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Huma is an intriguing project that will bring traditional lending operations onto the blockchain, making it a project that could be useful in the future.
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