Huma Finance is a decentralized finance (DeFi) protocol that focuses on real-world asset (RWA) lending. It enables people and institutions to access credit using off-chain income or receivables—such as payroll, invoices, or future cash flows—as collateral, rather than requiring on-chain crypto assets.
Key Features of Huma Finance:
Undercollateralized lending: Borrowers can get loans without locking up large amounts of crypto.
Real-world credit access: It connects traditional finance mechanisms (like invoicing and income verification) with blockchain technology.
Decentralized protocol: Built on smart contracts, ensuring transparency and trustlessness.
Income-backed assets: Allows future income streams (e.g., salaries, invoices, royalties) to be tokenized and used as collateral.
Mission:
To bring financial inclusion by expanding access to credit for people and businesses around the world—especially those who may not have access to traditional banking.
