🚀 [NEW LAUNCHPOOL ON BINANCE] - WHAT IS HUMA FINANCE? 💥

Huma Finance has just been introduced by Binance in the latest Launchpool program – the first lending/borrowing project that applies a credit-based model based on real income! 💸

Here’s a quick summary about Huma Finance for you:

🔹 What is Huma Finance?

It is a lending and borrowing platform (Lending/Borrowing) without collateral, based on salary and real-world revenue. Similar to unsecured loans at traditional banks, but now applied to blockchain!

🔹 Operates on 4 major networks:

✅ Solana

✅ Celo

✅ Polygon

✅ Scroll

🔹 The mechanism consists of 3 main components:

Lender: Provides liquidity and receives interest, divided into two tiers:

Senior: Lower risk, low interest, prioritized for compensation.

Junior: Higher risk, higher interest but receives compensation after Senior.

Borrower: Must KYC, prove income, repay periodically with interest rates of 12-20%. May be penalized if late payment exceeds 5 days.

Pool Admin: Creates the pool, sets lending conditions, and interest rates. Usually reputable financial institutions like Circle, Arf…

🔹 The founding team consists of individuals who have worked at Facebook, Earnin, Opendoor – rich experience in finance & data.

🔹 Raised over 46 million USD from major funds such as:

✅ Circle Ventures

✅ ParaFi Capital

✅ HashKey Capital

✅ Stellar Development Foundation

🎯 Why should you care?

→ Huma Finance opens up a new direction for personal finance models on blockchain.

→ It is a new Launchpool on Binance – an opportunity to "mine free tokens" just by staking BNB or FDUSD.

⏳ Join now to not miss out on the new trend in the DeFi space!