🛑What is Huma Finance (HUMA)?

Core Ideas

🛑Huma is a decentralized protocol that enables decentralized finance in the real world by using income and receivables as collateral.

🛑The platform supports lending and borrowing through a new payment financing model, allowing access to credit without the need for traditional collateral.

HUMA is the service and governance token that powers the Huma ecosystem.

Huma facilitates programmable payments, on-chain underwriting, and real-time liquidity for institutions and developers.

🛑What is Huma Finance?

Huma Finance is a decentralized protocol designed to bring income and receivables from the real world to the blockchain, enabling users to obtain credit based on expected income rather than digital asset holdings, which is particularly beneficial for individuals, businesses, and users in emerging markets.

The core pillars of the Huma protocol architecture include:

Income-based collateral: Borrowers can use future payments such as salaries, invoices, or transfers as collateral.

On-chain underwriting: The protocol allows issuers to assess credit risk using on-chain data and off-chain data, ensuring transparency.

Programmable payments: Lending agreements and payment flows are encoded in smart contracts, enabling efficient settlement.