I recently saw a project called HUMA, and I want to share it seriously.

Most DeFi projects, no matter how exciting they are, can't get around one thing in the end: do you have assets that can be mortgaged? No coins, no NFTs, no stablecoins? Then you basically can't participate. But HUMA tries to solve this problem from a different angle. What it wants to do is: make [income] also [collateral].

For example, if you are a worker, you get a fixed salary every month; or you do purchasing on behalf of others, have overseas income, or do freelance work for commissions - these cash flows that seem "worthless" off-chain can be used as a credit basis on HUMA to mortgage and borrow funds. The essence is to turn the income flow in the real world into a credit asset on the chain to participate in financing and reinvestment.

This concept sounds quite new, but there are already many scenarios using it, and it is not a small project. It has the participation of Circle and Stellar behind it, and has previously provided income financing services to some payment institutions and cross-border platforms. To put it bluntly: it is really running a business, not a PPT project.

HUMA has just been launched on Binance, and spot trading pairs (such as HUMA/USDT, HUMA/BNB, etc.) have been opened. The initial circulation ratio is only about 17%, and the token structure is reasonable. Not many people knew about it in the early stage, but it feels like an underestimated project with actual demand scenarios. This project is supported by well-known institutions such as Circle and Stellar, and it is not an air disk that suddenly appeared. It has been tested with some payment platforms before, and the model is relatively solid. Compared with relying on hype concepts, its rhythm is more practical.

If you also think that the direction of "real income can also be chained" is interesting, you can study the HUMA project carefully, or take a look at it before it is hyped up.

I am impressed by the logic of "income mortgage". After all, it is very likely that credit will circulate on the chain in the future, not just assets.

If you also think this direction is interesting, I also have a participation entry link here. If you are interested, you can check it out 👇

🔗 https://www.marketwebb.com/join?ref=1054138331

#HUMA

Twitter: https://x.com/humafinance

Official website: https://huma.finance/

White paper: https://docs.huma.finance/