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Huma Finance (HUMA) is an innovative "PayFi" network that aims to transform cross-border payments and card transactions by providing instant liquidity. Its main goal is to connect decentralized finance (DeFi) with the real world, enabling instant credit access for borrowers and quick payments for receivers.

The highlight of Huma is its focus on income-backed credit. Unlike traditional DeFi loans, Huma allows users to obtain credit based on their future income, invoices, or projected payments. This democratizes access to financing for individuals and businesses that might otherwise be excluded from conventional financial systems.

The protocol facilitates instant liquidity for global payment institutions, allowing them to settle payments 24/7 using stablecoins and on-chain liquidity. This significantly enhances the speed, transparency, and efficiency of the financial system. Use cases include cross-border loans, payments, and fast disbursements.

The Huma ecosystem is based on a decentralized model where credit issuers, accounts receivable originators, liquidity providers, and borrowers interact through smart contracts. These automate the underwriting, disbursement, and repayment, reducing the need for intermediaries.

The HUMA token is the native asset of the ecosystem, functioning as a utility and governance token. It facilitates programmable payments, on-chain subscription, and real-time liquidity, as well as allowing staking and participation in protocol governance.

Binance has listed HUMA as project number 70 in its Launchpool, allowing users to farm tokens before their official listing. Huma, being a new and innovative project, will be listed with the label "Seed," indicating a higher potential risk associated with its novelty.

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