To put it directly: It is worth doing, but there are risks; it is not purely staking, and there is a risk of principal loss
One point to note is: Huma's service agreement clearly states that depositing USDC on the platform is not a bank deposit, and there is no promise of principal protection. If there are widespread defaults, their agreement does not fully compensate the lender's losses, with a maximum compensation of only 100 USD. Therefore, in the most extreme cases, there could be significant principal losses, although such situations may be rare, one should still be prepared.
👇 Participation method:
Huma is currently conducting a points airdrop activity. The participation method is straightforward: by locking USDC to earn Huma feathers (related to future airdrops), there are two staking modes: Classic and Maxi, as detailed below:
First, visit the activity link and connect your wallet:
https://app.huma.finance/?ref=d4qTca
1. Classic mode: Can earn 10.5% annualized return + low multiple points bonus:
- Non-locking withdrawal anytime: 10.5% annualized return + 1x points bonus
- Locking for 3 months: 10.5% annualized return + 3x points bonus
- Locking for 6 months: 10.5% annualized return + 5x points bonus
2. Maxi mode: No annualized return + high multiple points bonus:
- Non-locking withdrawal anytime: No annualized return + 5x points bonus
- Locking for 3 months: No annualized return + 15x points bonus
- Locking for 6 months: No annualized return + 25x points bonus
Suggested participation method:
Conservative small account: Choose non-locking Maxi mode to earn high multiple points for airdrops
Conservative large account: Choose non-locking Classic mode to primarily earn high annualized rewards + a small amount of airdrops
Aggressive type: Choose 6-month Maxi mode to maximize points and chase potential large airdrops
Those particularly worried about risks can also consider splitting accounts, with each account having 100 USDC. In case of extreme situations, according to the user agreement, the compensation limit is 100 USD (it's uncertain whether it will be proportionate or capped by loss), which is also a form of protection. #空投分享 #币安HODLer空投HYPER