@Huma Finance 🟣 #HumaFinance

In today's rapidly developing Web3, one of the core pain points of decentralized finance (DeFi) remains the threshold issue of credit services. Huma Finance is trying to break this deadlock through its innovative 'no-collateral instant credit' model.

Unlike traditional DeFi lending platforms that rely on over-collateralization, Huma allows users to obtain credit limits without pledging assets based on on-chain credit scores and dynamic risk pricing models, making it particularly friendly for small and medium investors and users in emerging markets. Its cross-chain compatibility also supports multi-chain asset interactions, further expanding application scenarios.

From a developer's perspective, Huma's open protocol allows third parties to build custom credit products, injecting more creativity into the DeFi ecosystem with this modular design. Currently, its testnet data shows that the bad debt rate is controlled at a low level, validating the feasibility of the technical model.

Looking forward to Huma continuously optimizing its risk control system during the mainnet iteration, truly realizing the original intention of 'inclusive' decentralized credit and adding a crucial piece to the Web3 financial infrastructure!