💠 Binance TR announces its 7th Launchpool project: $HUMA!
🎯 What is Binance TR Launchpool?
Launchpool is a feature that lets you earn newly listed tokens (like $HUMA) by simply locking your BNB on Binance TR.
🔸 What is Huma Finance?
Huma Finance is the first PayFi (Payment Finance) network offering 24/7 seamless payment solutions using on-chain liquidity and stablecoins. The platform provides innovative financial services in areas like cross-border payments, credit card and trade finance and DePIN
🔸 Huma Finance's Role in PayFi
Huma stands out by tokenizing RWAs and integrating blockchain into traditional finance. This enables faster, more transparent, and globally accessible financial transactions compared to legacy systems.
🔸 How Huma is Shaping the PayFi Space
With $38M in funding, Huma plans to scale across blockchains like Solana and Stellar's Soroban smart contract platform. Following its merger with international payments firm ARF, Huma aims to reach $10B in payment financing volume, driving global liquidity access and cross-border transaction efficiency.
🔸 Financial Background of Huma Finance
As of September 2024, Huma raised $38M in an equity round led by Distributed Global, with key contributions from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures—the corporate venture arm of İşbank, Türkiye's largest private bank. A portion of this funding was used to invest in high-yield RWAs on the platform, underscoring Huma’s mission to bridge DeFi and real-world financial instruments.
🔸 Founder Spotlight: Erbil Karaman
Since we’re talking about Türkiye, it's worth noting that Huma Finance’s co-founder is Erbil Karaman. A graduate of METU, Karaman has worked with various startups and holds multiple patents, according to his LinkedIn profile.
🔸 HUMA Tokenomics
– Total Supply: 10 Billion
Initial Circulating Supply: 17.3%
Initial Airdrop: 5%
CEX & Marketing: 7%
Market Making & On-Chain Liquidity: 4%
Protocol Treasury: 1%
Token Swap with Strategic Partner: 0.33%
