Information about Huma Finance:

Definition:

@Huma Finance 🟣 is a decentralized financial (DeFi) protocol aimed at integrating income and receivables from the real world (such as salaries and bills) into the blockchain, allowing users to obtain credit based on their expected income rather than cryptocurrency assets.

PayFi Model:

#HumaFinance is considered the first "PayFi" (Payment Finance) protocol in the Web3 space, designed to provide global blockchain-based payment solutions 24/7, using stablecoins and on-chain liquidity.

Goals:

Huma aims to overcome the challenges of traditional financial systems such as slow transaction speeds, high costs, opaque structures, and reliance on intermediaries.

Core Pillars:

The core pillars of Huma Finance include income-backed collateral (such as salaries and bills as collateral), on-chain underwriting to assess credit risk, and programmable payments via smart contracts.

HUMA Token:

The HUMA token is the native token of Huma Finance, used for governance and utilities within the ecosystem.